We will invest now in the projects our country needs and the people who can build them.
Interest rates are at historic lows, our current infrastructure is aging rapidly, and our economy is stuck in neutral. Now is the time to invest.
We will run modest short-term deficits of less than $10 billion in each of the next two fiscal years to fund historic investments in infrastructure and our middle class.
After the next two fiscal years, the deficit will decline and our investment plan will return Canada to a balanced budget in 2019.
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