The Trudeau government was little interested in economic growth, and allowed prosperity give way to stagnation and recession as unemployment and inflation proved intractable. Trudeau was reelected with only a minority government in the 1972 election, in part because of a slowing economy. In the 1974 election Trudeau won a majority, after ridiculing Conservative economic policies, which he had to adopt himself a year later. The economy performed poorly through the late 1970s and Trudeau lost his first general election to the Conservatives in 1979 under the [[Joe Clark]]<ref> See [http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0001651 ''Canadian Encyclopedia'' on Clark]</ref> Clark's minority government tried to privatize Petro Canada, but soon lost a no-confidence vote. | The Trudeau government was little interested in economic growth, and allowed prosperity give way to stagnation and recession as unemployment and inflation proved intractable. Trudeau was reelected with only a minority government in the 1972 election, in part because of a slowing economy. In the 1974 election Trudeau won a majority, after ridiculing Conservative economic policies, which he had to adopt himself a year later. The economy performed poorly through the late 1970s and Trudeau lost his first general election to the Conservatives in 1979 under the [[Joe Clark]]<ref> See [http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0001651 ''Canadian Encyclopedia'' on Clark]</ref> Clark's minority government tried to privatize Petro Canada, but soon lost a no-confidence vote. |