URGENT: Canada Officially Enters Recession Because Of Mark Carney

Added: 2026-05-31

[00:00:00]Because this is people's lives. Behind these statistics are empty stomachs, empty fridges, and empty bank accounts.

[00:00:07]Behind these numbers are 120,000 people who have come home to their kids saying, "We can't have you registered for hockey this year. We have to sell our home. I don't know what we're going to do."

[00:00:18]>> Guys, I think it's time to start panicking. Canada has officially, legitimately entered a recession. Polly market, the media, everybody is announcing that Canada has entered a recession. It is not good at all. It's official. Canada has unexpectedly, yeah, I think it's expectedly, entered a technical recession for the first time since the lockdowns in 2020. The real GDP in Canada fell 0.1% in Q1 following a one a negative 1% uh contraction in Q4 of 2025.

[00:01:01]This marks two straight quarters of GDP contraction for the first time in six years. So, when you go on social media and you take a look at videos such as this, at other videos that are, you know, in the same genre and they're like, "Hey man, there's a problem with Canada and it's pretty much because of the liberals. Justin Trudeau really threw a wrench in Canada and El Bozos and, you know, weirdos decided to vote in a guy who was advising Trudeau for similar policies. Uh it's not like a conspiracy. It's people that are actually saying, "Hey, hey, hello, hello. Is this thing working? Hello, is anybody out there? Canada is a little bit doomed if things don't change." And now, things haven't changed and Canada is doomed.

[00:01:51]So, a really good finance guy to follow in Canada is Ron Butler, the mortgage guy. And he had this massive thread to post.

[00:01:58]Welcome to the recession. Shrinking GDP pushes Canada into economic decline, which is something just about everybody in Ontario and BC were feeling already.

[00:02:11]Instead of the expected 1.5% growth that Stats Can reported, negative point one GDP.

[00:02:18]Well, yep. We just suspected. Oh my god. We are screwed. In some ways, it was obvious. Declining auto and parts production, construction slowdown, new tech companies moving to the US. Here's what you don't hear about new plants, new corporate expansions, or business growth. Nope, we don't hear about anything like that.

[00:02:44]We need to face facts. Neglecting, suppressing, and actually working against resource development for 10 years was possibly the stupidest move any Canadian government has ever made.

[00:02:57]And let me just take a break from reading that for a second. Let me remind everybody that Justin Trudeau was like this activist that's like, "Hey, the world is melting and we need to switch to plastic straws and you need to do your part." And he was so against motorized vehicles. He was so against our current way of life. And now, in his retirement, he's partying on a pop star's hundred plus million or billion dollar yacht, whatever the hell Katy Perry has. He's living on a yacht out in the ocean with a pop star, taking private jets around the world after spending 10 years lecturing Canadians that you're the [ __ ] problem. You can't make this up. Anybody who falls for liberal political tactics, like they did in the past 10 years or the election one year ago, I'm sorry to say, but those people need to die off for Canada to grow and prosper because the majority of those people are wrinkly old cotton heads, grey [ __ ] hair and they can't think and they're just voting for the same [ __ ] that they've always voted for expecting different results and now Canada is triggering a recession. So good job idiots. Oh my goodness, count the days. 10 years, we need 10 more years so all these old [ __ ] can just die off and Canada can start to actually prosper a little bit.

[00:04:21]Any country must play to its strengths and Canada has so many strengths that have been mainly ignored or suppressed. We could have an enormously rich or successful country if we I mean if we just throw out the zero carbon foolishness, right? And ship energy to the world. Canada is sitting as one of the most potentially prosperous countries in the entire world, okay? The amount of oil, the amount of resources that Canada has in the ground is insane.

[00:04:54]But it's in the ground. Canada has to extract it. Canada has to put money into energy because that's what Canada has but instead Canada is like, "Hey, yeah.

[00:05:05]No. Let's Oh my god, where is your flag?

[00:05:09]Oh my god. Wow, what's today's new thing? Matcha tea? Like you know what I'm saying? Avocado toast and it's just weird. It's bizarre.

[00:05:18]There's been so many warning signs and if this is a shock to you then you're probably part of the problem. Even CTV yesterday said, "Canada lands behind the US in new global ranking. Here's why."

[00:05:33]Um how about you're stupid and dumb? Is that a good enough reason? And they actually go to list the global ranking somewhere here. Here's the top 20 best countries according to the US news and Canada is 19. And you know what's funny about that? Is the South Korean stock market, if I'm not mistaken, just became more valuable than the Canadian stock market. So, if we're actually going top 20 countries based to, you know, best places to live and based off of GDP and and value and stuff like that, Canada actually now falls behind South Korea because South Korea's been been putting money into its technology sector. They've actually been using what they have, what they're known for. And they're like, "Hey, yeah, you know what? Well, let's just uh let's put a bunch of money into ourselves."

[00:06:20]And Canada doesn't [ __ ] do that.

[00:06:23]Canada's like, "Hey, yeah, no, we have a bunch of stuff and we're just going to flaunt it. We're going to see how long we can just flaunt it." It's so freaking annoying, dude. It's so annoying. Here's what the leader of the opposition, Pierre Poilievre, has to say about the matter. Now, a message from today's sponsor. So, copper just hit a fresh all-time high in the markets. And the question that everyone's asking is, when's the next big discovery going to happen? One company that personally has my attention is Great Plains Metals. The ticker symbol is GPS on the Toronto Stock Exchange. Great Plains Metals is an emerging copper and gold explorer focused entirely in Australia. And specifically, one of the hottest exploration planes on the entire planet.

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[00:07:35]>> In Q3 2025, the economy grew at an annualized rate by 2.6%. We have economists saying that today's numbers are so nominal they could be forecasted away and revised away. So, aren't you jumping the gun a little bit calling this a full-blown recession?

[00:07:48]>> Right. So, I know that there's a lot of excuses being made for Mark Carney today, and I'm not surprised. By the way, which outlet are you with?

[00:07:57]>> The Globe and Mail Times. Is 2.6% economic growth an excuse, or is that just the numbers?

[00:08:01]>> It's actually a There's no 2.6% economic growth. The economy If I could If I could So, you So, you're having to go back.

[00:08:10]How many quarters are you having to go back now?

[00:08:12]>> Two quarters.

[00:08:12]>> So, you're having to go back. Okay, so let's get this straight.

[00:08:15]There's been four quarters since Mark Carney became Prime Minister. The economy shrunk in three of those four quarters.

[00:08:22]Canada is the only G7 country for which that is the case.

[00:08:26]There's now been an entire year of Mark Carney that is recorded in economic data, and the GDP is smaller today than when he took office.

[00:08:35]That is only true of Canada among G7 countries, and now there are two back-to-back quarters where the economy shrunk, which is the literal definition of a recession.

[00:08:48]Canada And by the way, it's not just that our economy is shrinking quarter after quarter. It's that we have the second highest unemployment in the G7.

[00:08:56]You think that the You think that the 120,000 people that lost their jobs since the beginning of this year call this just a technical recession? No, they call this real job loss. And then you have the delinquency rate that is up 32% year-over-year at 17-year highs. We have the highest household debt of any country in the G7, the worst housing costs of any country in the G7 for most of the last year, the the worst food price inflation of any country in the G7. So, yes, you are making excuses and trying to hide from the reality that Mark Carney has given Canada the worst economy in the G7 and it's time to stop making excuses, not for political reason. It's time to stop making those excuses because this is people's lives.

[00:09:46]Behind these statistics are empty stomachs, empty fridges, and empty bank accounts. Behind these numbers are 120,000 people who have come home to their kids saying, "We can't have you registered for hockey this year. We have to sell our home. I don't know what we're going to do."

[00:10:02]That is the reality of Mark Carney's economy, and it's time to stop covering it up with illusions.

[00:10:07]>> So, I went into this laughing about the fact that Canada is now, well, not laughing, but like kind of mocking. Like, "Aha, I know. I've been telling everybody that this is going to happen. That Canada's going to go into a recession." Be like, "Oh, yeah, [ __ ] It's Mark Carney." And then Pierre Poilievre has a way of actually humanizing the issue. And this is a compliment to him, okay? Because now I just watched Pierre speak, and I'm angry from a human aspect that this is because I've got kids, bro. I put my kids in in activities, right? I pay this city that I'm in to go to activities, to go to maybe swimming or soccer, whatever, right? Hockey, once my once my son gets a little bit older, right? And there's people out there, real people, Canadians. Maybe you're one of them.

[00:10:57]Maybe it's your Maybe it's your brother.

[00:10:59]Maybe it's your sister. Maybe it's your your parents. Somebody you know is being affected in this country because of voting habits from neighbors, from family, from friends.

[00:11:14]Somebody real people have lost their jobs. Real people have gone bankrupt.

[00:11:18]Real people have hurt themselves with irreversible damage because of the financial situation that has occurred in Canada. It's really sad what has happened right now.

[00:11:33]And it's annoying because there has been opportunities to fix it. And there's just a a certain select amount of retards in Canada that are preventing it from happening out of spite. Out of spite because oh, the other side is just so bad that we could never possibly vote for them despite them actually being able to if they if they voted that way and close their eyes in 6 months, life would actually be a little bit [ __ ] better for every Canadian out there. But that's not the case. So, it's a little frustrating, but it's more sad than anything.

[00:12:12]That's the video. Hit the like, subscribe. See you later. Bye.