(Note the retweet.)
Diane Francis who is author of “Merger Of The Century” and an advocate of U.S. citizenship-based taxation argues that a Canada U.S. merger would benefit both countries. She is currently promoting her message through a series of media events. (She will be at the University of Toronto Rotman Business School on December 4, 2013.)
What is her message? What is her thinking? What is her rationale? The above tweet references a November 25, 2013 Steve Paikan interview on The Agenda.
The Agenda show is described as follows:
Author and journalist Diane Francis sees a mutually beneficial partnership between Canada and the United States. So beneficial, in fact, that she advocates for a merger of the two countries in her new book, “Merger of the Century: Why Canada and America Should Become One Country.” Diane Francis joins Steve Paikin for more.
The interview is well worth the 36 minutes it takes. The gist of Ms. Francis’s thinking is captured by Jonathan Kay of the National Post.
Mr. Kay’s comments on her book/merger may be broken into the following categories of comments:
It’s about the economy stupid
Example: The book is written like a business plan. In exchange for the takeover, every Canadian would receive a “U.S. takeover bonds”.
Canadian Sovereignty and the protection of resources
Example: Canada needs to protect it’s resources from China.
Cultural and historical differences and realities
Example: What would happen to the CFL? Would Canadian football still be played with three downs?
Strategic reasons for a merger
At at time when:
2 The Canadian government (by assisting the Canadian banks by considering an IGA),
are surrendering Canada’s sovereignty to the United States, one wonders whether: a
fire sale of Canada’s assets formal merger would be better than a surrender of Canada to the U.S. via FATCA.
According to Mr. Kay, Ms. Francis echoes this point by suggesting:
“If Canada is going to the the target of a creeping takeover from a big player, we may as well manage the process, instead of being victimized.”
Interestingly Ms. Francis is a huge advocate of U.S. citizenship-based taxation , a U.S. citizen and a believer in:
- Comment: Canada-U.S. merger has Hollywood potential (timescolonist.com)
- Ann McFeatters: US-Canadian merger could be beneficial (lacrossetribune.com)
- Live Chat: Should Canada join the U.S.? (vancouversun.com)
- Review our live chat: Should Canada join the U.S.? (theprovince.com)
- How #FATCA will enslave the world in 2 easy steps (renounceuscitizenship.wordpress.com)
- Canadians: You Couldn’t Pay Us to Be Americans (businessweek.com)
- Book Makes Case For US, Canada Merger (alaskapublic.org)