Why Carney's state-directed capitalism won't end Canada's technical recession

Rudyard Griffiths and Sean Speer discuss Statistics Canada's announcement that Canada is in a technical recession, examining the structural weaknesses behind two consecutive quarters of economic contraction. They critique the Carney government's approach of state-directed capitalism focused on energy and mining, arguing it neglects the broader tax and regulatory reform needed for economy-wide growth.

In the second half, they dissect and fact-check Prime Minister Carney's speech at The Economic Club of New York. They also examine his use of the term "strategic autonomy," questioning whether this signals a radical shift toward economic isolationism that contradicts Canada's identity as a trading nation.

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CREDITS:

Amal Attar-Guzman - Producer and Editor

Rudyard Griffiths and Sean Speer - Hosts

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