Canada is the only G7 nation with declining growth, Andrew Scheer notes

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Andrey Mastykin

28.04.2026

Canada is the only G7 nation with declining growth, Andrew Scheer notes — Canada now only shrinking G7 economy

Andrew Scheer, industry influencer, criticized the current Canadian government for economic policies he says have led to a shrinking economy.

Scheer pointed out that while Mark Carney was positioned as the solution to economic issues, he believes similar policies have persisted and contributed to declining affordability for Canadians. According to Scheer, Canada is now the only G7 country with a contracting economy.

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Carney has recently faced criticism for his use of offshore profit strategies and U.S. investments. In a separate statement, he identified inflationary deficits as a key factor driving up household costs. Recent comments from Scheer come as these issues remain in the spotlight.

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