Canadian Data (5)

The following data appeared in threads posted in the past month in By George Journal on X.

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Statistics Canada has published data showing that Canada has entered a recession, with the country’s economic growth in Q1 2026 recording a second consecutive quarter of decline. In fact, three of the last four quarters in Canada have now posted negative real GDP growth.

Statistics Canada has also recently reported that there was zero growth in the Canadian business sector last year. Zero growth: there were as many businesses closing down as opening. Only during the pandemic year when businesses were forced to close has this ever happened in Canada. This data speaks volumes as to the health of our country’s business confidence.

Since January 2025, nearly all (95.5 %) employment growth has been in the public sector.

The OECD updated its data on economic growth in advanced countries from 2015 to 2025 and it confirms that Canada was near the bottom of worldwide rankings through the decade (Canada’s Lost Decade). This is a direct reflection of the Liberals time in office (and of Mark Carney’s management of the Canadian economy since 2020).

OECD also produced data demonstrating Canada’s economy is sputtering badly and is currently performing at a fifth of the rate of an average OECD country.

The data spell trouble for the Canadian economy as a whole. As a result individual Canadians are feeling the strain – and Canadians now hold the dubious title of the most indebted citizenry of the G7 nations.

Canadians are suffering from the greatest food inflation in all of the G7.

Canadians are increasingly being forced to choose between food and their mortgage payments. Through the last two years, mortgage delinquency rates are climbing.

Canadians are feeling squeezed – a sign of the economic times in our country. This is clearly reflected in the latest reports from the World Happiness Report.

In opinion poll after poll, a majority of Canadians believe the government is not on the right track in managing the economy. Here’s an April 2026 poll in Toronto…

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Despite what PM Mark Carney and his “elbows up” Liberals want Canadians to believe, there are facts about Canada-U.S. relations that cannot be denied. Our countries share a continent, our economies are integrated, and Canadians and Americans have forged a friendship fostered through centuries of coexistence. The United States is extremely important to our trade (taking a quarter of our exports and accounting for half of our imports). Let’s take a look at how the countries compare.

The U.S. is our largest recipient of our export – by far. There are two States, Illinois and Michigan, that take in more of our goods and services than Canada’s second largest export country – U.K. In fact, after the U.S., 12 of the next 15 export destinations are American States south of the border.

This well-known graph compares the standard of living in Canada and U.S. Note how the gap between the Canadian and American quality of life widened significantly after Mark Carney came to Ottawa in 2020 to advise PM Justin Trudeau on the Liberals’ economic and environmental policies. This is no coincidence and some refer to this growing disparity between our countries as “The Carney Gap.”

As a result of the Liberals fiscal and net zero policies , Canada’s economic performance has stalled and Canadians are finding life unaffordable. Today, Canadians standard of living is below that of the U.S. residents living in one of the least wealthiest states -- Alabama.

The whole of Canada’s national economy is sagging and is now less than that of the State of Texas’s economic standing.

After a decade of the Trudeau Liberals’ devastating fiscal and economic policies, Canadians have stopped investing in the country. There is a significant drop off in how much Canada invests in business.

There is a significant gap between Canada and the U.S. in industrial machinery investment.

The lack of confidence in the Canadian business environment is so low that it has got to the point Canadians open more businesses in the U.S. than then do in our own country. In 2024, one in two businesses (48%) opened by Canadians were south of the border, compared to one third (32%) opened in Canada.

The U.S. relationship is Canadians most important one; it’s an existential economic relationship. Yet Carney has set upon a destructive path of blowing it up. The bad faith demonstrated by the Carney Liberals is summed up in the two words Carney snapped at a female reporter when asked about U.S. trade negotiations: “Who cares?” For Carney’s blatant acts of hubris, Canadians are sure to pay dearly. Again, the data speaks volumes.

Canadian Data is compiled by the By George Journal, an independent news source that is presenting facts that cut through the gaslighting of government narrative and legacy media headlines.

You can find Canadian Data as threads posted in the By George Journal on X.

You may also be interested in viewing:

• Canadian Data

• Canadian Data (2)

• Canadian Data (3)

• Canadian Data (4)

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