Justin Trudeau says a Liberal government would run modest, short-term deficits until 2019 in order to kickstart the economy.
The party’s latest platform plank, which proposes doubling current federal infrastructure funding, says shortfalls in the federal treasury over the next two years would amount to no more than $10 billion per year.
There is a caveat, though.
The platform acknowledges the volatility in global markets and the Liberals have left themselves wiggle room on the numbers by saying “if the fiscal situation deteriorates due to a further slowdown of the economy in the weeks ahead, Liberals will be honest with Canadians about the facts.”
HA! Honest about facts! What a laugh!