NORTHERN LIGHT
LESSONS FOR AMERICA
FROM CANADA’S FISCAL FIX
BRIAN LEE CROWLEY | ROBERT P. MURPHY | NIELS VELDHUIS
THE MACDONALD-LAURIER INSTITUTE
Copyright 2012 Brian Lee Crowley, Robert P. Murphy and Niels Veldhuis
Published by the Macdonald-Laurier Institute, Ottawa, Ontario
Published in eBook format by eBookIt.com
ISBN-13: 978-1-4566-1028-9
All rights reserved. No part of this work covered by the copyrights hereon may be reproduced or used in any form or by any means – graphic, electronic or mechanical, including photocopying, recording, taping or information storage and retrieval systems – without the prior written permission of the publisher, or, in case of photocopying or other reprographic copying, a licence from Access Copyright, the Canadian Copyright Licensing Agency, One Yonge Street, Suite 1900, Toronto, Ontario, M6B 3A9.
Library and Archives Canada Cataloguing in Publication
Crowley, Brian Lee
Northern light: lessons for America from Canada’s fiscal fix / Brian Lee Crowley, Robert P. Murphy, Niels Veldhuis.
1. Canada – Politics and government – 21st century. 2. United States – Politics and government – 21st century. 3. Canada – Economic conditions – 21st century. 4. United States – Economic conditions—21st century. 5. Canada – Economic policy – 1971-2008. 6. United States – Economic policy – 1971-2011. I. Robert P. Murphy. II. Niels Veldhuis. III. Title.
Praise for MLI’s The Canadian Century: Moving out of America’s Shadow
“[T]he perfect tutorial for folks on both sides of the border. Thoughtful, clear-eyed and provocative.... The authors provide a compelling – and optimistic – analysis of both the challenges and the triumphs the future offers our two dynamic democracies.”
DAVID H. WILKINS, US Ambassador to Canada, 2005–2009
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DON DRUMMOND, Senior VP, TD Bank Financial Group
“[A]n engaging and informative romp through our last hundred years, which convincingly demonstrates that prosperity does grow from liberty’s soil.”
COLIN ROBERTSON, former Secretariat at Canada’s Washington Embassy
“[T]hey show that if we establish a real advantage vis-à-vis the US on tax and other policies it will increase both our attraction with emerging powers and our leverage with the US. The question the authors pose is whether we have the wherewithal to finish the job.”
DEREK BURNEY, former Canadian Ambassador to the US
“This timely and provocative book will remind Canadians that the smart fiscal and trade policies pursued... in the past two decades have made Canada a star at the beginning of this century.”
JACK MINTZ, University of Calgary
“This wonderful book is an urgent wake-up call for Canada’s current leaders – of all political stripes.”
CHRISTOPHER RAGAN, McGill University
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CATHERINE SWIFT, CEO, Canadian Federation of Independent Business
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MAURICE TOBIN, Tobin Foundation, Washington, D.C.
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British Prime Minister DAVID CAMERON
“Nobody has more deeply studied Canada’s fiscal transition than Brian Lee Crowley, or thought more broadly about the lessons this success has for other countries, and especially the United States.”
DAVID FRUM, Newsweek/Daily Beast
“A far more rational way to approach the problem (I realize that rationality and politicians rarely converge) would be to make the book I just finished – The Canadian Century, Moving Out of America’s Shadow – required reading for all incoming members of Congress.”
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PETER NICHOLSON, former senior policy advisor to Prime Minister Paul Martin
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