MLI Newsletter
Vol. III, No. 7






Northern Light: Lessons for America from Canada's Fiscal Fix


The Canadian Century 



Fearful Symmetry   







 Check out MLI's short video
 on what led Canada to the huge fiscal reforms of the 1990s, the payoff they had, and what needs to be done so that we continue to reap the rewards of reform for years to come!












In this edition...
MLI releases new issue of Inside Policy: The Year in Review
Expect slow but steady growth in 2013: MLI economic index
What should Canadians think about CNOOC's bid for Nexen?
How to make farmers better stewards of the rural environment
Aquaculture is the big fish that got away
CropLife Canada invites MLI to speak at 2012 GrowCanada Conference
More news from MLI
Karine Hopper joins MLI as new Director of Administration
MLI releases new issue of Inside Policy: The Year in Review

The latest issue of Inside Policy (IP) is now available. In this issue, IP reviews policy and politics in 2012 and names Bank of Canada Governor Mark Carney as Canada's Policy Maker of the Year.

According to IP, Carney has emerged not only as the architect of Canada's monetary policy, but as a leading figure among central bankers on the international stage, as Chairman of the Financial Stability Board and as the newly named Governor of the Bank of England. Robin Sears profiles Carney in a timely cover story, which was featured in iPolitics.

Other highlights include former Prime Ministers Brian Mulroney on free trade and Paul Martin on fiscal lessons for the US. NDP 2011 campaign director Brad Lavigne writes about Tom Mulcair and the orange crush while Kevin Lynch and Karen Miske of BMO Financial Group write that Canada is in very good economic shape "relatively speaking."

Contributing writers also include Geoff Norquay, Celine Cooper, Gil Troy, and a feature piece on MLI's Great Canadian Debates. Click here to read the latest issue. To subscribe to IP's print or digital edition, click here.

Expect slow but steady growth in 2013: MLI economic index

According to MLI's leading composite indicator, Canadians can expect their economy to continue to grow at a slow but steady pace into 2013. MLI's Leading Indicator rose 0.2% in October to match its growth in September, but with the manufacturing sector and the stock market replacing the housing sector as the main source of expansion.


"These trends hold out the prospect for continuing albeit slow growth in the Canadian economy over the next six months, despite recession in Europe and uncertainty surrounding the U.S. budget plan," said Philip Cross, MLI Research and Editorial Coordinator. "They reflect continued strength in most domestic sectors in Canada and a pickup in key markets in the U.S. for our exports."


Reuters Canada covered MLI's Leading Indicator here in an article entitled, "Canada leading indicator shows housing decline in October."

What should Canadians think about CNOOC's bid for Nexen?

MLI continues to lead the debate on how we think about foreign direct investment and the CNOOC-Nexen deal. In a new Financial Post op-ed, MLI's Brian Lee Crowley says Canada is in a position of strength vis-�-vis China and we can say no to CNOOC if we judge that to be in Canada's national interest. He adds that if China acts belligerently in response to a no on Nexen, it will only hurt itself.

Global TV's The West Block then invited Roger Robinson, recent panelist on MLI's CNOOC-Nexen panel discussion, to examine the deal. Robinson spoke to host Tom Clark and raised more red flags on the proposed Chinese takeover of oil and gas producer Nexen. Click here to watch the interview.

How to make farmers better stewards of the rural environment

Canada has an opportunity to recruit farmers to play a greater role in managing and protecting the rural environment. Unfortunately, we are frequently squandering our own efforts to learn how to achieve this desirable goal through poorly designed policy experiments according to a new MLI study, The Greening of Canadian Agriculture. As a result neither farmers nor Canadians are able to do as much as they might to enhance rural Canada's environment.


The study notes that farmers are now recognized as part of the largest group of private rural landholders who can influence environmental outcomes by providing ecological goods and services (EG&S). This shift creates a new legislative potential, whereby farmers can be encouraged to produce EG&S.


Click here to read the study's prescription on how to make farmers better stewards of the rural environment.

Aquaculture is the big fish that got away

With more than two billion more people expected to be living on Earth by 2050, more food will be eaten in the next 50 years than in the whole rest of human history. What is the solution to feeding those hungry mouths? MLI's Brian Lee Crowley weighs in and says part of the solution to humanity's hunger is the sea in his latest column published in Postmedia papers across the country. After all water covers seven tenths of the earth's surface but provides only one percent of humankind's food.

Crowley then took this message to the Canadian Aquaculture Industry Alliance's 2012 National Forum. As keynote speaker, his address focused on the potential the aquaculture industry has to feed the world.

Event attendees included the aquaculture industry, regulators, policy makers, and political leaders who participated in discussions on how to cooperatively advance Canada's farmed seafood sector.

CropLife Canada invites MLI to speak at 2012 GrowCanada Conference

On November 28th, the 2012 GrowCanada Conference featured MLI Managing Director Brian Lee Crowley as keynote speaker. Crowley's talk emphasized the potential the agriculture and food sector has to be an economic powerhouse for Canada. However, many obstacles stand in its way, including a policy preoccupation with small farms, sacrificing our international trade bargaining power to protect supply management, poorly designed income support programmes for farmers and an unwillingness by political and other leaders to defend the use of science and reason to increase our ability to feed our burgeoning population.

The conference brings together leading agricultural thinkers to explore the future of Canadian agriculture and learn what it takes to secure Canada's place on the global agricultural stage. For more information, click here.

More news from MLI

MLI has been all over the news. Here are a few highlights:

MLI's Brian Lee Crowley says Prime Minister Stephen Harper is wise to stay clear of premiers' talks in a column that was published in Postmedia papers across the country.

Crowley then says we should make use of former Canadian Prime Ministers and their valuable experience in the Ottawa Citizen.

MLI's Philip Cross writes about Mark Carney's departure from the Bank of Canada and says that his real legacy will be seen when interest rates are finally raised in the Financial Post.

In her latest blog entries for The Globe and Mail, MLI Senior Fellow Linda Nazareth writes about the state of the U.S. economy, Canada's love affair with non-mortgage debt, and what we can expect from the latest Bank of Canada rate announcement.

The National Post seeks the advice of MLI Senior Fellow Alex Wilner in an article discussing how to rehabilitate convicted terrorists and quotes from MLI's study on the subject. Click here for more details.

Maclean's interactive put together a map of the 100 most powerful buildings in Ottawa and the Macdonald-Laurier Institute made the list. Click here for more details.

MLI's recent study on provincial solvency and federal obligations continued to make waves last month. The study was highlighted in a National Post article discussing Alberta's ability to balance its budget. Then, MLI's Philip Cross and Marc Joffe wrote about Ontario's looming default crisis in the Ottawa Citizen.   

Karine Hopper joins the MLI team as the new Director of Administration

MLI is pleased to welcome Karine Hopper as our new Director of Administration. Ms. Hopper joins the MLI team after several years in the federal government. Most recently, she served as Manager of Personnel and Administration in the Prime Minister's Office. Earlier in her career, she held positions in the office of the Minister of State of Foreign Affairs (Americas and Consular Affairs) and in the Communications department of the Prime Minister's Office.

Ms. Hopper will be responsible for MLI's internal administration and event organization. She will also assist in MLI's fundraising initiatives. She can be reached at [email protected] or by telephone at 613-482-8327 ext. 102.

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The Macdonald-Laurier Institute is the only non-partisan, independent national public policy think tank in Ottawa focusing on the full range of issues that fall under the jurisdiction of the federal government. It initiates and conducts research identifying current and emerging economic and public policy issues facing Canadians.

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