Abstract
One in Three succeeds handsomely in its principal mission of a macro nature. Specifically, it arrives at the conclusion that Canada can ensure its older generation an adequate income without risk to the economy. The clarity, logic, and flow of the macro presentations, make reading not only informative but also decidedly pleasant. One in Three, however, falls seriously short of the mark in coming up with a set of detailed, micro prescriptions for curing all of the aches and pains of present Canadian pension arrangements. For the best detailed prescriptions to follow, Canadians should look elsewhere. One in Three primarily addresses the macroeconomic question: 'Can Canada ensure its older generation which, 50 years from now will represent one-fifth of its total population an adequate income without risk to the economy?' (p.3) It succeeds handsomely in shedding much light on this question. Anyone associated in any way with the National Pension Debate that is now in progress in Canada, needs to read and study this report. The final, concluding paragraph reads as follows:
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