HIGHLIGHTS-Interview with Canadian Prime Minister Trudeau

Thu May 19, 2016 7:49pm EDT
 
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OTTAWA May 19 (Reuters) - Canadian Prime Minister Justin Trudeau suggested on Thursday that a C$30 billion budget deficit was not a hard limit as the government's focus should be on spurring economic growth.

Below are excerpts from a Reuters interview with Trudeau on Thursday.

ON THE ECONOMY AND WHETHER HE WILL STICK TO A C$30 BILLION BUDGET DEFICIT CAP:

"Our frame is yes, we need to be fiscally disciplined, we need to be responsible, but we need to be investing in the right kinds of things at the same time, so the arbitrary picking a number and trying to stick with it is exactly what I campaigned against in the last campaign."

"We're going to invest in our communities, we're going to make the kind of investments that will grow the economy, work very hard to be fiscally responsible and keep the deficits modest, but it's not an obsession with the perfect number, it's an obsession with the perfect, or the right, path to grow the economy in ways that help in the short term but lead us on the path towards prosperity in the medium and long term."

ON DONALD TRUMP:

"I know that the relationship between Canada and the U.S. specifically but (also) between the U.S. and the rest of the G7 countries is greater than the personality of any one leader and I look forward to working with whomever the Americans elect this fall."   Continued...