Former PM Paul Martin
Former prime minister Paul Martin has spoken again in favour of the deficits that the incoming Trudeau government plans to run. Mr. Martin, a multi-billionaire shipping heir, said it is a good idea to have deficits in order to invest in infrastructure and help kickstart the economy. Martin says it is important to spend money in areas that will give future generations a better life. According to the longtime finance minister, these include infrastructure, education and research and development. Martin says not investing in the future is a guarantee of ongoing deficits. Trudeau said during the recent election campaign that a Liberal government would post three annual deficits of up to $10 billion to spend money on infrastructure.
