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A joint meeting of The Empire Club of Canada and The Fraser Institute.
Thoughts and remarks on the Quebec election, the referendum, Quebec separation, and Canada. Having to think about the unthinkable. The unacceptable financial status quo in Canada. The sentiment for the ROC (rest of Canada). What 70% of Quebeckers want. The model over the next year and a quarter. The enemy of uncertainty. The speaker's bet on how things will unfold by the end of 1995. Some other scenarios. Two ways to get at this uncertainty. An examination of decentralisation and why we should look at it. The speaker's justification for believing that the rest of Canada would not automatically stay together if Quebec separates, discussed under four topics: the shock to the system caused by Quebec's departure; the balance of money; the balance of power; and the balance of policy in what remains of Canada. Decentralisation over fragmentation. Questions for the future that the speaker hopes we will all debate. Suggestions as to how we get to the future. The model of a constituent assembly whereby citizens are directly elected. Three Plans for Canada as outlined in the speaker's book, and his prediction as to which will be the winner. The real choice we will face: less Ottawa or less Canada?