Conservatives Call for a Change of Course

June 8, 2026

June 8, 2026
FOR IMMEDIATE RELEASE

Ottawa, ON – Last week, we learned that Canada is the only G20 country officially in recession; including Mexico, which shares many of the same problems with the United States. Then, the Parliamentary Budget Officer (PBO) released a new report outlining the dreadful state of this Liberal government’s finances.

That’s why today, Conservatives moved a motion in the House of Commons calling on the government to reverse their costly and inflationary policies that have done so much to harm Canadian families and businesses.

This comes as Scotiabank forecasts just 0.8 per cent growth for Canada this year, while projecting more than double that for the United States. Meanwhile the Bank of Montreal’s outlook is even worse, anticipating growth of just half a percent in 2026.

The recent PBO report notably claimed that there is only a 1 per cent chance of the Liberals meeting their fiscal anchor, with the deficit projected to reach fully 2 per cent of Canada’s GDP,  $72 billion, for 2025-26.

The PBO also anticipates lower government revenues due to weaker wages for Canadian workers. Meanwhile, 13 cents on every remaining tax dollar is expected to go to debt charges by 2031, when program spending is projected to reach nearly $600 billion.

Conservatives will always fight to end the credit card budgeting, red tape and growth-killing policies that limit our nation’s potential, and work towards a future where all Canadians can have good paying jobs, healthy food and affordable homes on safe streets.