This document reflects the 5-year strategy and direction of the Canada Deposit Insurance Corporation (CDIC). The 1st chapter outlines strategic issues that may have an impact on CDIC and its membership, such as the recent recommendations on the future of the Canadian financial services sector, the year 2000, changes in the financial marketplace, and volatility in world financial markets. CDIC's planning and economic assumptions for the next 5 years and an update on member institutions are also covered in this chapter. Chapter 2 provides an update on CDIC's progress in achieving past priorities and outlines plans for attaining its new objectives. It also describes CDIC's new performance management system.