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10/17/11

Prime Minister Paul Martin

Paul Martin entered politics after a successful business career as Chairman and CEO of Canada Steamship Lines, but he had been exposed to politics and the Liberal Party from an early age. His father, Paul Martin Sr., was a Liberal cabinet minister under four different prime ministers. Paul Martin made his mark in the Chretien government as finance minister, erasing a multi-billion dollar deficit, paying down debt and bringing in five budget surpluses in a row.

Paul Martin had lofty goals of reforming Parliament and giving Canada a place on the world stage, but he was indecisive in leadership and his government was overshadowed by scandal. Paul Martin himself was exonerated by the Gomery Inquiry into the sponsorship scandal, but the Liberal Party "culture of entitlement" was soundly rejected by Canadians. The Liberal minority government was defeated in the 2006 election and Paul Martin announced he would not lead the party in another election.

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