Invested in Crisis: Public Sector Pensions Against the Future

All workers deserve access to a safe and secure retirement. But neoliberal governments set up a dynamic where the retirement of some is predicated upon the exploitation of many. In the late-1980s, Ontario’s government, financial sector, and labour movement collaborated on a major restructuring of the province’s public sector pensions. The result? The unlocking of a vault containing billions of dollars, suddenly open to be privately invested in capital markets. All this occurred as Ontario’...