Include the public Over the past few years, the federal and provincial/territorial governments have been exploring ways to enhance the Canada Pension Plan. [...] The federal Department of Finance has the capacity and data to assess accurately the cost of various proposed improvements. [...] The Government of Quebec operates the Quebec Pension Plan, which is parallel to the Canada Pension Plan. [...] The Quebec Pension Plan offers all the same advantages of the Canada Pension Plan. [...] The reform option put forward in this paper, along with other proposals, would apply to the Canada Pension Plan, though hopefully the Quebec Pension Plan would adopt the same changes to maintain parallelism between the two.