Carney says economic plan ‘settling in’ after Canada enters recession territory

OTTAWA — Prime Minister Mark Carney says the government’s plan to build up the economy is “settling in” as work continues on getting major projects built and expanding non-U.S. trade relationships.

These are the prime minister’s first public comments about the state of the economy after Statistics Canada reported two consecutive quarters of economic decline, which economists call a technical recession.

Conservative Leader Pierre Poilievre, who called Monday for an emergency debate on the state of Canada’s economy, says there’s nothing technical about a recession as people struggle to afford food and shelter.

Many economists have dismissed the recession label, arguing the recent slump doesn’t have the depth or breadth to meet that bar.