Paul Martin Jr

Paul Martin Jr. was appointed Minister of Finance in Jean Chr

Martin's fiscal policies, including spending cuts and tax increases, eliminated Canada's federal deficit. The government posted its first balanced budget in decades, leading to years of surpluses.

Martin succeeded Jean Chr

The Gomery Commission revealed mismanagement of the federal sponsorship program in Quebec. Although the scandal originated under Chr

Martin's Liberal government was defeated in the federal election by Stephen Harper's Conservatives. Martin resigned as Liberal leader following the loss.