Why Canada Needs to Privatize the Canadian Pension Plan It is plain that Canada needs to privatize the Canadian Pension Plan; we are an aging society and the obligations that accompany this plan are becoming such that our society will soon be hard-pressed to meet the needs of aging Canadian citizens. With that in mind, it is appropriate that Canada look at privatizing the current system. In fairness, the Canadians have actually moved somewhat in that direction already via the creation of the CPPIB or Canada Pension Plan Investment Board; this entity is run at arm’s length from the Canadian government and is showing itself to be quite an effective national pension plan – even if the very fact that it is a national pension plan clearly makes...The end:
.....ov. 2010 http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afyFsNWkOsDw Howatt , Susan. “A National disgrace: Canada’s shameful position on the rights to water needs to change.” Council of Canadians. 2007. 27 Nov. 2010 http://www.canadians.org/publications/CP/2007/spring/RTW.html Keshen , Jeffrey and R.B. Blake. Social Fabric or Patchwork Quilt: the development of social policy in Canada. Peterborough: Broadview Press, 2006. Little, Bruce. Fixing the Future. Toronto: University of Toronto Press, 2008. Mishra , Ramesh . Globalization and the Welfare State. Cheltenham: Edgar Alger Publishing, 1999. Townson , Monica. Pensions under attack: what’s behind the push to privatize public pensions. Toronto: James Lorimer & Company, 2001.