Trudeau Plans Deeper Deficits If He Wins Power Again in Canada

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Prime Minister Justin Trudeau is prepared to run larger deficits -- growing Canada’s debt by C$31.5 billion ($23.8 billion) more than previously projected over the next four years -- to finance campaign promises if his Liberal government is re-elected.The Liberals released a costed fiscal plan on Sunday that shows deficits will be C$7.9 billion higher on average every