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Liberals are saying there is some sort of difference between a "technical recession" and a "full-blown recession," whatever that means. Here's Mark Carney stating clearly that they're the same thing.

Canada Proud

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29,039 views • 20 days ago •via X (Twitter)

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2025: Mark Carney: the US is driving itself into a recession...the probability of a recession in the United States has gone up significantly. 2026: Canada enters a technical recession.

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Mark CARNEY promised he would build the fastest growing economy in the G7, and now Canada is in a Recession You can’t even make this up 😅

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This is the kind of decisive response to a recession that only a master economist and crisis manager could give.

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When asked if CANADA is in a recession, CARNEY says the data is just uneven What does this even mean 🇨🇦

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I have published a short analysis on the tremors in the Japanese bond markets (see below), but today it's about the Weekly Forecasts of GnS Economics . We are facing a conundrum. Our U.S. recession call (Q3/Q4) is challenged by our forecasts on U.S. bank lending, which imply that the credit recession would be ending. This also implies that the U.S. economy would recover. We are not altering our recession call, yet, because of the uncertainties concerning the forecasts. But this is a very intriguing conundrum. I hope next week will shed some more light on this when we continue to develop forecasts for the leading indicators of the OECD and bank lending of China.

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Tuomas Malinen

18,217 views • 1 year ago

So let me get this straight 😵‍💫 Mark Carney was sold to us as the financial genius. The adult in the room. The Trump whisperer who’d “get the deal done.” He was going to handle Trump. He was going to protect Canada. He was going to build “Canada Strong.” He was going to deliver a clean U.S. deal by July 2025. And now? Canada just entered a “technical” recession — aka the economy shrank for two straight quarters while the polite media clutches pearls. The U.S. and Mexico are cutting trade deals without us. We still don’t have the “clean deal” Carney swore he’d deliver. He jets to New York and tells them “Canada Strong will help Make America Great Again.” His own portfolio? 90%+ parked in the U.S. — while he lectures Canadians to “invest in Canada.” Even Steven Guilbeault bailed because Carney suddenly discovered oil, gas, pipelines, and basic economic reality exist. Recap: - Anti-Trump at home - MAGA-adjacent in New York - Climate warrior for the Liberals - Oil salesman for Alberta - “Canada Strong” branding - America-heavy investments - Zero deal - Recession - Caucus cracking But don’t worry — the same media that spent years deep-throating the “economic superhero” narrative is now here to explain this is just a silly little “technical” recession. Canada didn’t elect a Prime Minister. We hired a very expensive PowerPoint presentation in a suit that flip flops as much as a fish 🐟 out of water And it’s not even a good one. 🔥

So let me get this straight 😵‍💫 Mark Carney was sold to us as the financial genius. The adult in the room. The Trump whisperer who’d “get the deal done.” He was going to handle Trump. He was going to protect Canada. He was going to build “Canada Strong.” He was going to deliver a clean U.S. deal by July 2025. And now? Canada just entered a “technical” recession — aka the economy shrank for two straight quarters while the polite media clutches pearls. The U.S. and Mexico are cutting trade deals without us. We still don’t have the “clean deal” Carney swore he’d deliver. He jets to New York and tells them “Canada Strong will help Make America Great Again.” His own portfolio? 90%+ parked in the U.S. — while he lectures Canadians to “invest in Canada.” Even Steven Guilbeault bailed because Carney suddenly discovered oil, gas, pipelines, and basic economic reality exist. Recap: - Anti-Trump at home - MAGA-adjacent in New York - Climate warrior for the Liberals - Oil salesman for Alberta - “Canada Strong” branding - America-heavy investments - Zero deal - Recession - Caucus cracking But don’t worry — the same media that spent years deep-throating the “economic superhero” narrative is now here to explain this is just a silly little “technical” recession. Canada didn’t elect a Prime Minister. We hired a very expensive PowerPoint presentation in a suit that flip flops as much as a fish 🐟 out of water And it’s not even a good one. 🔥

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428,141 views • 27 days ago

PM Mark Carney is being criticized today after saying Canada is “ready to build a new partnership” with China, while also stating that “the biggest security threat to Canada is China,” during his run for Prime Minister

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233,520 views • 5 months ago

This is the guy in charge of getting us out of a RECESSION he caused. We are F*cked

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Marc Nixon

39,147 views • 3 days ago

Remember when the word recession was supposed to be scary? Canada officially entered a technical recession this week, and historically, that would have been a significant headline. It would have raised concerns about jobs, investment, business growth, consumer spending, and the overall direction of the economy. Today, it barely moves the needle. If you're like most Canadians, your reaction to the report was probably something along the lines of, "Awesome. What else is new?" Every few months, Canadians are given a new economic buzzword to worry about. Inflation. Interest rates. Tariffs. Housing bubbles. Now it's a technical recession. The media runs headlines. Politicians point fingers. Economists argue over charts and percentages. Everyone suddenly becomes an expert, while most ordinary Canadians are left wondering what any of it actually means for their day-to-day lives. As a millennial, I've spent my entire adult life hearing some variation of the same economic warning. Recession. Inflation. Housing crisis. Cost-of-living crisis. Rising interest rates. Stagnant wages. Every few years, there's a new headline, a new concern, a new reason Canadians should be paying attention. At some point, you stop paying attention. Not because you don't care. Because you've heard it all before. I'm 36 years old, and Canada has entered its 5th technical recession during my lifetime. Most Canadians couldn't tell you when those recessions happened, and most probably couldn't give you the textbook definition of one to begin with. But they don't need to. Regular people don't experience the economy through GDP reports. They experience it through grocery bills, mortgage payments, rent increases, childcare costs, and whether there's any money left at the end of the month to put towards retirement or savings. Eventually, it shows up in bigger ways: postponing children, delaying homeownership, working overtime, or realizing the future they imagined keeps moving further out of reach. What I find most interesting is that even after Canada officially entered a 'technical recession', much of the media conversation focuses on reassuring Canadians that it isn't as bad as it sounds. We've become completely desensitized to what a recession actually means. Not because the definition has changed. Because our relationship with the word recession has changed. We've spent decades normalizing economic decline until it became background noise. At some point, ‘recession’ stopped sounding like a warning and started sounding normal. That's the part that concerns me. We've become so accustomed to hearing bad economic news that we've stopped treating it as such. We've accepted that housing will be unaffordable. We've accepted that groceries will become more expensive. We've accepted that younger generations may never enjoy the same standard of living as their parents. We've accepted that ordinary milestones—buying a home, raising a family, and building financial security—are becoming increasingly difficult to achieve. A generation ago, a couple owning a home and raising a family on one modest income was considered normal. Today, two good incomes and no children are increasingly viewed as something to envy—a financial advantage or necessity rather than simply a lifestyle choice. What's remarkable is not that these things are happening. What's remarkable is how normal they've started to feel. A recession should mean something. It should get people's attention. Instead, many Canadians hear the word and barely react. Not because they don't care, but because they've become accustomed to hearing some version of economic bad news year after year. It feels like just another headline in a long list of headlines Canadians have learned to live with. And I think that's far more alarming than the recession itself. When a society becomes desensitized to decline, it stops recognizing decline as decline. It starts treating it as reality. It starts adjusting expectations downward. It starts accepting circumstances that previous generations would have considered unacceptable. That's why I hope Canadians start paying attention to this recession. Not because it's the end of the world. But the fact that so many people barely reacted to it should force us to ask a much bigger question: At what point did economic decline become normal?

Remember when the word recession was supposed to be scary? Canada officially entered a technical recession this week, and historically, that would have been a significant headline. It would have raised concerns about jobs, investment, business growth, consumer spending, and the overall direction of the economy. Today, it barely moves the needle. If you're like most Canadians, your reaction to the report was probably something along the lines of, "Awesome. What else is new?" Every few months, Canadians are given a new economic buzzword to worry about. Inflation. Interest rates. Tariffs. Housing bubbles. Now it's a technical recession. The media runs headlines. Politicians point fingers. Economists argue over charts and percentages. Everyone suddenly becomes an expert, while most ordinary Canadians are left wondering what any of it actually means for their day-to-day lives. As a millennial, I've spent my entire adult life hearing some variation of the same economic warning. Recession. Inflation. Housing crisis. Cost-of-living crisis. Rising interest rates. Stagnant wages. Every few years, there's a new headline, a new concern, a new reason Canadians should be paying attention. At some point, you stop paying attention. Not because you don't care. Because you've heard it all before. I'm 36 years old, and Canada has entered its 5th technical recession during my lifetime. Most Canadians couldn't tell you when those recessions happened, and most probably couldn't give you the textbook definition of one to begin with. But they don't need to. Regular people don't experience the economy through GDP reports. They experience it through grocery bills, mortgage payments, rent increases, childcare costs, and whether there's any money left at the end of the month to put towards retirement or savings. Eventually, it shows up in bigger ways: postponing children, delaying homeownership, working overtime, or realizing the future they imagined keeps moving further out of reach. What I find most interesting is that even after Canada officially entered a 'technical recession', much of the media conversation focuses on reassuring Canadians that it isn't as bad as it sounds. We've become completely desensitized to what a recession actually means. Not because the definition has changed. Because our relationship with the word recession has changed. We've spent decades normalizing economic decline until it became background noise. At some point, ‘recession’ stopped sounding like a warning and started sounding normal. That's the part that concerns me. We've become so accustomed to hearing bad economic news that we've stopped treating it as such. We've accepted that housing will be unaffordable. We've accepted that groceries will become more expensive. We've accepted that younger generations may never enjoy the same standard of living as their parents. We've accepted that ordinary milestones—buying a home, raising a family, and building financial security—are becoming increasingly difficult to achieve. A generation ago, a couple owning a home and raising a family on one modest income was considered normal. Today, two good incomes and no children are increasingly viewed as something to envy—a financial advantage or necessity rather than simply a lifestyle choice. What's remarkable is not that these things are happening. What's remarkable is how normal they've started to feel. A recession should mean something. It should get people's attention. Instead, many Canadians hear the word and barely react. Not because they don't care, but because they've become accustomed to hearing some version of economic bad news year after year. It feels like just another headline in a long list of headlines Canadians have learned to live with. And I think that's far more alarming than the recession itself. When a society becomes desensitized to decline, it stops recognizing decline as decline. It starts treating it as reality. It starts adjusting expectations downward. It starts accepting circumstances that previous generations would have considered unacceptable. That's why I hope Canadians start paying attention to this recession. Not because it's the end of the world. But the fact that so many people barely reacted to it should force us to ask a much bigger question: At what point did economic decline become normal?

Megan Maddox

49,663 views • 21 days ago

Liberals elections was dependent on fear, TDS, lies and that pretending Mark Carney is something he is not. Mark Carney:" because I am good negotiator, I have negotiated a number of situations in the past, I know how to manage crisis." How would you rate his management of crisis and negotiations?

Liberals elections was dependent on fear, TDS, lies and that pretending Mark Carney is something he is not. Mark Carney:" because I am good negotiator, I have negotiated a number of situations in the past, I know how to manage crisis." How would you rate his management of crisis and negotiations?

Kirk Lubimov

57,852 views • 1 year ago

Q: Are we headed for a recession? BlackRock CEO: Most CEOs I've talked to say we are probably in a recession right now

Q: Are we headed for a recession? BlackRock CEO: Most CEOs I've talked to say we are probably in a recession right now

FactPost

35,895 views • 1 year ago

Carney finishes by saying that an emission cap is there and the urgent problem is decreasing emissions. Carney is making emission reduction a problem that needs to be solved prior to expanding production. The barrier is false and a goal post that he will continue to move. /4

Carney finishes by saying that an emission cap is there and the urgent problem is decreasing emissions. Carney is making emission reduction a problem that needs to be solved prior to expanding production. The barrier is false and a goal post that he will continue to move. /4

David Jacobs

27,278 views • 1 year ago

Carney says that we are facing the most significant crisis of our lifetime because of Trump's tariffs and that is why we must develop our economy. Nonsense. We are facing a crisis because Carney's Liberals NEGLECTED our economy for a full decade. It's time for real change.

Carney says that we are facing the most significant crisis of our lifetime because of Trump's tariffs and that is why we must develop our economy. Nonsense. We are facing a crisis because Carney's Liberals NEGLECTED our economy for a full decade. It's time for real change.

David Jacobs

72,683 views • 1 year ago

The difference between ice and snow and a well trained horse that doesn’t panic! Get that horse some snow shoes.

The difference between ice and snow and a well trained horse that doesn’t panic! Get that horse some snow shoes.

Suzee Q

26,139 views • 4 months ago

🚨 WATCH: Incoming Canadian Prime Minister Mark Carney responds to a person in the audience who shouts that there is "genocide in Gaza": I am aware of that. That is why we are imposing an arms embargo (on Israel).

🚨 WATCH: Incoming Canadian Prime Minister Mark Carney responds to a person in the audience who shouts that there is "genocide in Gaza": I am aware of that. That is why we are imposing an arms embargo (on Israel).

Raylan Givens

20,899 views • 1 year ago