Montreal, June 1, 2026 (AFP) - Carney under fire as Canada economy contracts

NAMPA / AFP
2026-06-01
Prime Minister Mark Carney faced criticism on Monday for his leadership of Canada's economy after figures showed it entered into what economists call a technical recession. Official figures released last week showed the economy contracted by 0.1 percent in the first quarter of the year, following one percent negative growth in the fourth quarter of 2025. "Mark Carney has created the only G7 economy in a recession," opposition leader and Conservat......
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TSJAKA, 30 May 2026 - Racehorse Pee Jay from Burger Racing won the sixth edition of the MTC Winter Cup staged at Tsjaka Ben Hur racetrack on Saturday in the Omaheke Region. (Photo: Contributed)

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