Not only has Canada's economy performed worse under Stephen Harper's leadership than under any other government in our post-war history, but things are getting worse, not better.
Claiming "victory" because GDP is growing again after a recession is a bit like commenting on how good it feels to stop beating your head against the wall.
Canada is officially in a recession and while B.C. is expected to sail through it relatively unscathed, the projected modest GDP growth performance does not seem to be translating into job gains.
Now that the recession has been confirmed, let's hope the election campaign now starts to address some of the deeper challenges facing Canada's economy.
The dip in GDP is what's making the headlines, but there are three other trends in the new data released by StatsCan that suggest the economic slowdown is here to stay.
Does the fact that we're in recession mean we can finally focus on the non-recovery of the job market or the fact that jobs are far more precarious than they have been in years? Let's hope so.
With news of economic turmoil in China and other emerging economies, repercussions for Canada will be atrocious. Worse yet, the macroeconomics are just not adding up for a recovery.
There is no other time in Canada's post-war economic history in which Canada's economy has performed worse than it did under the Harper government.
These numbers are going to shock you: there is no other time in Canada's post-war economic history in which Canada's economy has performed worse than it did under the Harper government.
Will low oil prices push Ottawa into a deficit? Who cares! The real issue is the failure to use fiscal tools to strengthen recovery and create jobs.