This task force report addresses three questions fundamental to the reform of teacher preparation: (1) what do teachers need to know? (2) what academic, professional, and practical experiences should be provided? and (3) what are the most efficacious relationships between a Faculty of Education, other faculties and schools in the University, other institutions of postsecondary education, and the school system? A proposal is presented which articulates the goals or outcomes that a new program of teacher education must achieve, the curriculum content and the process which should characterize it, the admission strategy which should serve it, and the delivery modalities and institutional relationships which should enable its effective implementation. The task force recommends a program which consists of three major components: liberal arts or general studies; specialized subject matter studies in areas appropriate for teaching; and pedagogical studies. Appendices, which comprise two-thirds of the report, provide a statement of issues related to initial teacher education programs; bachelor of education program regulations; admissions, regulations and recruitment--working group draft proposal; course titles and descriptions; special consideration admissions category for Aboriginals; partnership schools--draft policies and procedures; Program Stream Committee status reports; resource implications; and a list of submissions to the task force. (LL)