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Policy

Liberals’ budget ‘long-term investment in Canadian economy, deficits be damned’

By Tim Harper      

'The Liberals have done a masterful job of preparing Canadians for years of deficit, a sales job that turned recent political orthodoxy on its head,' writes Tim Harper.

The Liberals will table their first budget on March 22. The Hill Times photograph by Jake Wright

Justin Trudeau is said to have hit on the idea of running deficits last July while brainstorming with aides just weeks before the election call. The following month, in late August, he unveiled that plan and, according to Trudeau, that was the day he believed he won the election. Tuesday, he takes a pocketful of political capital and puts his fiscal cards on the table when his Finance Minister Bill Morneau delivers the government’s first budget, one that

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