The Institute of Economic Affairs (IEA) invited MLI Managing Director Brian Lee Crowley to give a lecture open to the general public on “Canada’s fiscal reforms: what lessons for the UK?”. Dr. Crowley will discuss the Canadian experience, its relevance to the UK, and will consider whether the UK government is truly pursuing “Canadian-style” reform. The lecture will be held at 6:30pm on May 24, 2011 at the IEA, 2 Lord North Street, Westminister, London.
For more information, visit the IEA website.
Britain’s new coalition government came to office promising Canadian-style fiscal reform. Brian Lee Crowley and his collaborators literally wrote the book on the Canadian experience, and the lessons others might learn from it.
From 1988 to the late 1990s Canada achieved far-seeing reforms that began with free trade with the USA and the Good and Services Tax and continued through balanced budgets, debt reduction and falling taxes. Many reforms that were put in place required extensive political bargaining with powerful interests. This hard-won fiscal advantage paid benefits during the past decade as Canada emerged from the recession more quickly than almost any other industrialized country.