Magazine article Behind the Headlines
New York and Washington Briefing Tour (Canadian Institute of International Affairs Organized a Special Series of Briefings on the American Economy and Political Scene for Canadian Business)
To help strengthen the hand of Canadian business, the CIIA recently organized a special series of briefings on the American economy and political scene at the outset of the new Clinton administration. The first set of briefings was held in New York City and the second in Washington, D.C.
This series was organized with the busy corporate executive in mind. It was tailored to cut through the spin and get behind the headlines and followed hot-on-the heels of last year's Toronto-based series on the American election campaign. That series featured speakers such as Charles Cook, Editor, Cook Political Report; David Halton, Washington Bureau Chief, CBC News; R.W. (Johnny) Apple, Washington Bureau Chief, the New York Times; and Mario Cuomo, former Governor of New York.
The first session took place in New York City under the leadership of John Crow, former Governor of the Bank of Canada, and emphasized the current and future condition of the U.S. economy. Our delegation met with many leading analysts and decision-makers in the world's financial capital including William McDonough, President, Federal Reserve Bank of New York. The general consensus on the prognosis of the Canadian economy was positive. The view from Wall Street was that Canada is following the right course of deficit reduction and received full marks from all financial quarters.
To get a full picture on where the economic and political winds are blowing in the post-election period, a CIIA delegation assembled in Washington, D. …