Prime Minister Mark Carney stated that the government's economic plan is "settling in" amidst a backdrop of Canada's economy shrinking for two consecutive quarters. While acknowledging the "weakness" shown in recent Statistics Canada reports, Carney attributed some of this to deliberate government decisions regarding immigration and spending, emphasizing that transforming the economy will take time. He highlighted positive indicators such as increased business investment in machinery and equipment, and household income growth outpacing inflation. This comes as Conservative Leader Pierre Poilievre criticized Carney's policies, arguing they weaken Canada's negotiating position with the U.S., a sentiment echoed by a social media post from U.S. President Donald Trump.