Paul Martin is Canada’s 21st Prime Minister.

Mr. Martin was born in Windsor, Ontario in 1938. He has a sister, Mary Anne. His mother, Eleanor (“Nell”), died in 1993. His father, a distinguished Parliamentarian, died in 1992.

The Honorable Paul Martin Sr. has been an enduring influence. He served almost a quarter century in Liberal cabinets under four different prime ministers: William Lyon Mackenzie King, Louis St. Laurent, Lester Pearson and Pierre Trudeau. He was an influential cabinet minister and is regarded as an architect of post-war social policy that is an enduring part of the Liberal legacy.

Mr. Martin studied philosophy and history at St. Michael's College at the University of Toronto and is a graduate of the University of Toronto Law School. He was called to the bar in Ontario in 1966.

Before entering politics, he had a distinguished career in the private sector as a business executive Power Corporation of Canada, in Montreal, and as Chairman and Chief Executive Officer of Canada Steamship Lines. In addition, he has been active with a wide range of community and service organizations.

He married Sheila Ann Cowan in 1965. Their first son, Paul, was born in 1966. Their second son, Jamie was born three years later and their youngest son, David, was born in 1974.

Mr. Martin is the Member of Parliament for LaSalle-Émard in Montreal, Quebec. He was first elected federally in 1988. In 1990, he ran for the leadership of the Liberal Party of Canada and finished second at the leadership convention.

From 1991 to 1993, Mr. Martin was associate finance critic and critic for the environment for the Liberal opposition in the House of Commons. In 1993, he played a key role in developing the Liberal platform for the federal election and co-authored Creating Opportunity: The Liberal Plan for Canada, better known as the “Red Book.”

Liberals were returned to power in the 1993 vote and Mr. Martin was sworn in as Minister of Finance. He served in that role from November 1993 until June 2002.

In the months leading up to November’s Liberal Leadership Convention, Mr. Martin garnered unprecedented support from Liberals right across the country.

At September’s Delegate Election Meetings and then at the convention, Mr. Martin received upwards of 93% of the vote, making him the newest leader of the party and now, the next Prime Minister of Canada.

Mr. Martin brings to the prime minister’s office an impressive track record. During his time as finance minister, Canada recorded five consecutive budget surpluses, erased a $42 billion deficit, paid down more than $36 billion in debt, invested in health care and other key priorities and put in place the largest tax cuts in Canadian history.

As Canada’s finance minister, Mr. Martin was highly regarded on the world stage and represented Canada at a series of international summits. In September 1999, he was named inaugural chair of the G-20, an international group composed of G-7 nations and emerging market nations. He is respected internationally in part for his leadership in forging a new world financial order in which emerging economies would be prevented from plunging into ruinous financial crises.

He now co-chairs, alongside former Mexican president Ernesto Zedillo, the United Nations Commission on the Private Sector and Development. The commission is expected later this year to recommend ways to boost indigenous entrepreneurship in developing nations and then implement a number of related pilot projects.