Is Canada heading for recession? One economist says it may lack ‘severity’

P rime Minister Mark Carney is busy navigating the choppy waters of international diplomacy, including hosting the G-7 leaders’ summit, with a full cast including Donald Trump, trying to strike a new accord with the European Union, and heading to the Hague for a major summit of the North Atlantic Treaty Organization. He has attempted to get ahead of one issue that could threaten the achievement of good outcomes for Canada—namely, deficiencies in our hard power. On June 9, Carney stepped up to a podium at the Munk School of International Affairs, at the University of Toronto, to...