Canada’s Liberals promise new spending, four more years of deficits

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Canada’s Liberals promise new spending, four more years of deficits
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Canadian Prime Minister Justin Trudeau's Liberal Party is promising billion...

OTTAWA - Canadian Prime Minister Justin Trudeau’s Liberal Party is promising billions of dollars in new spending initiatives if re-elected next month, but said on Sunday those commitments would require annual deficits of more than C$20 billion over the next four years.

Opinion polls show the Liberals, whose campaign was forced on the defensive earlier this month after photos and video from years before emerged showing Trudeau wearing blackface makeup, are in a statistical tie with the main opposition Conservatives.The Conservatives have focused their election campaign on fiscal responsibility and affordability issues. Canadians vote on Oct. 21.

Trudeau promised during the 2015 campaign to run three years of deficits before returning the federal budget to balance this year. Sunday’s platform made no mention of when the budget would be balanced.

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