POLITICS

Paul Martin Defends Trudeau's Planned Deficits

10/21/2015 05:11 EDT | Updated 10/21/2016 05:12 EDT
CP
MONTREAL — Former prime minister Paul Martin is again defending Justin Trudeau's plan to run up 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. 

Martin made his comments at a news conference in Montreal after attending an education symposium organized by a Cree school board.

 

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