The is-it-or-isn’t-it recession talk continued apace over the weekend and on Monday, as Pierre Poilievre demanded an emergency debate on it (which the Speaker denied), while more economists continued to line up on the side of “it’s not a recession.” Even the senior deputy governor of the Bank of Canada appeared at committee and warned them not to take a single point of data when the economic indicators as a whole remain mixed.
Ignore all of those other economists, including the Senior Deputy Governor of the Bank of Canada. Andrew Scheer, who couldn't even complete his insurance certification, is going to school you on the recession.
— Dale Smith (@journodale.bsky.social) 2026-06-02T01:36:43.140Z
This being said, prime minister Mark Carney has been wholly silent on it since the data were released on Friday morning. He made two separate media appearances yesterday but took no questions at either one, and he has avoided Question Period yesterday and he’s avoiding it today, and it really starts to look like he’s ceding the ground to Poilievre, who keeps bellowing his ridiculous narratives while Carney, who is supposed to have the economic gravitas as a former central bank governor, remains absent. And there are important things we should probably be talking about with this data, such as the fact that in periods of slow growth, these indicators dipping below zero are less important than the overall picture, and that overreacting and panicking can lead to greater problems or damage in the longer term. But we’re not having this conversation because, again, Carney is ceding the field, and given that Poilievre seems to enjoy this unearned economic credibility, it’s frankly arrogant to think that his bogus narratives can’t gain traction because they absolutely can, and that will spell trouble overall.
My Latest:
- For National Magazine, my dive into Friday’s pair of Supreme Court of Canada decisions on the exceptions for the Jordan timelines on trial lengths.
- My weekend column points to things that Steven Guilbeault’s departure has highlighted as just how much this government is backsliding on its climate goals.
Ukraine Dispatch:
A major attack on Kyiv early in the morning has collapsed a 24-storey apartment block, while an attack on Dnipro killed another four people.
Noteworthy:
- The Alberta government is considering three different pipeline routes through northern BC that would require lifting the coastal tanker ban.
- A Star investigation shows that the “strong mayor” powers haven’t created more housing, as was the justification for granting them. (I’m as shocked as you are).
- Philippe Lagassé wonders why the government would wait for the fall to announce a Gripen procurement if the rumours happen to be true, given the timelines involved.
- Susan Delacourt points to the Liberals’ constant ability to reinvent themselves as the thesis behind the rapid transformation they have made since the last election.
Want more Routine Proceedings? Become a patron and get exclusive new content.