Carney attributes ‘weakness’ in economic data to lower immigration targets

Prime Minister Mark Carney responded Tuesday to a report showing the Canadian economy has contracted for two consecutive quarters, saying part of the “weakness” is linked to the government’s decision to scale back immigration. He said Ottawa’s plans to boost investment will ultimately produce a “stronger, more resilient economy,” but that economic data will be “uneven” in the interim. “You have these cross currents as the economy is being fundamentally transformed. We’re going to continue to work. We’re making progress, but there’s more to be done,” he said. Mr. Carney’s comments are his first about Statistics Canada’s quarterly GDP report,...