Glen McGregor: Mexico avoids recession despite Q1 contraction, Canada enters downturn

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Artem Shendetskii

01.06.2026

Glen McGregor: Mexico avoids recession despite Q1 contraction, Canada enters downturn — Mexico avoids recession, Canada enters downturn

Glen McGregor reports that Pierre Poilievre is calling for an emergency debate, highlighting the different economic trajectories of Mexico and Canada after recent U.S. President Donald Trump tariffs. McGregor points out that while both countries experienced economic contraction in the first quarter, with Mexico's economy shrinking by 0.6 percent and Canada's by 0.1 percent, only Canada entered a recession due to previous negative growth, whereas Mexico avoided recession because its Q4 2025 performance was positive.

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