EPISODE · Jun 4, 2026 · 15 MIN
Canada IS in Recession | The Marc Patrone Show (06.01.26)
from Worth Investing with Jonathan Wellum · host ROCKLINC Investment Partners
Click Here to Subscribe: / @rocklincpartners Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/📖 Chapters⏰00:00 RKLC ETF: https://rocklinc.com/etf/00:49 Show Returns and Theme01:49 Asylum Housing Funding Debate02:31 Government Duty and Morality03:54 Immigration and Voter Incentives05:37 Wealth Redistribution Critique06:40 Is Canada in a Recession?08:47 Investment Flight and Productivity11:28 CBC Recession Clip Reaction14:06 Business Confidence and Wrap UpRocklinc CEO Jonathan Wellum joins Marc Patrone on News Talk Sauga 960 (June 1, 2026) for a sharp final-segment conversation on three issues converging on the Canadian middle class. They open with the federal government's willingness to spend public dollars on housing for asylum claimants while Canadians face a housing crisis of their own — Jonathan calls it immoral and an abdication of the state's core duty to protect its own citizens. The conversation widens into the broader pattern of redistributive policy that hammers seniors and long-time taxpayers while creating new dependency-based voting blocs.Then the central question: Is Canada in recession? CBC says "technical" — Jonathan says the data is unambiguous. Two consecutive quarters of negative GDP growth. Real per-capita growth under 0.6% per year over the last decade once you adjust for population and honest inflation. Business investment in machinery, equipment, and IP has fallen below 2015 levels as a share of the economy. Capital per worker is declining. And the RBC report stands — over $1 trillion in net investment outflow over the last 10 years, with $2 leaving for every $1 invested. Jonathan unpacks what's actually broken in Ottawa's economic playbook, why the gap between Canada and the U.S. on GDP per capita keeps widening, and what it will take to rebuild business confidence in this country.Learn more about Rocklinc: • Who We Are or visit our website: https://www.rocklinc.com#WorthInvesting #Rocklinc #ValueInvesting #PrincipledInvesting #CanadianEconomy #Recession #CapitalFlight #JonathanWellum #MarcPatroneShow #RKLC
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Canada IS in Recession | The Marc Patrone Show (06.01.26)
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