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Available4.8
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ISBN 10: 1442632828
ISBN 13: 9781442632820
Author: Bruce Little
In 1993, most Canadians believed that big government deficits were permanent and that the Canada Pension Plan (CPP) was in such deep trouble that younger Canadians would never collect a retirement pension. They believed too that Canada's politicians were incapable of dealing with either problem. Yet by 1998, both were essentially solved.
While the deficit battles have been recounted many times, the story of the reform that rescued the CPP has gone almost entirely untold. In Fixing the Future, Bruce Little explains the CPP overhaul and shows why it stands as one of Canada's most significant public policy success stories, in part because it demanded an almost unparalleled degree of federal-provincial co-operation. Providing an overview of the CPP's entire history from its beginning in 1965, Little pulls together published, and new unpublished, material relating to the CPP reform, and interviews over fifty politicians, government officials, and others who were deeply involved in the reforms for their recollections, insights, and observations.
1 Gloomy Canada
2 The Creation of a Pension Plan
3 The Desultory Decades
4 Finally, Some Action on Financing
5 Finance Takes Over the File
6 Public Fears, Proposed Solutions
7 The Bombshell Report
8 The Outside Debate
9 The Reform Takes Shape
10 Clarifying the Choices
11 Consultations – Of All Kinds
12 Progress and Stumbles
13 Rules for the Fund
14 Autumn Obstacles
15 The Deal Is Done
16 Parliament Gets Its Say
17 Launching the CPP Investment Board
18 Lessons Learned
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Tags: Fixing, Future, How Canada, Fractious Governments, Canada Pension, Bruce Little