Published 10 months ago

Alberta deserves more than half CPP assets if it exits program: report

The province of Alberta in Canada is considering leaving the Canada Pension Plan and going solo, as a report suggests it is entitled to over half of the program's assets. This move would have a significant impact on the country's retirement safety net.
The report highlights that a literal reading of the legislation would result in Alberta receiving an asset transfer of $637 billion, surpassing the CPP's total base assets of $575 billion. Alberta plans to pursue this course of action in the coming months.
If Alberta were to exit the national retirement savings program, it would have substantial financial implications for both the province and the CPP. The report's findings have sparked a debate about the fairness of asset distribution and the future of the pension plan.

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CTV News

Alberta deserves more than half CPP assets if it exits program: report

A report commissioned by the Alberta government says the province would be entitled to more than half the assets of the Canada Pension Plan - $334 billion - if it were to exit the national retirement savings program in 2027.

10 months ago·Canada

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CBC News

Alberta to explore leaving CPP as report lays claim to $334B, more than half of fund

The Alberta government released a long-awaited report Thursday on the possibility of establishing an Alberta-only pension plan on Thursday, claiming the province is entitled to a staggering $334-billion asset transfer from the Canada Pension Plan in 2027.

10 months ago·Canada

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Global News

Report finds Alberta deserves more than half CPP assets if it exits program

The reports finds Alberta would be entitled to more than half the assets of the CPP -- $334 billion -- if it were to exit the national retirement savings program in 2027.

10 months ago·Toronto, Canada

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News

Proposed Alberta pension plan entitled to half of CPP’s assets, report says

A report commissioned by the government of Alberta says a proposed Alberta Pension Plan would be entitled to about half of the assets of the Canada Pension Plan.

10 months ago

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