Alberta presents plan to exit Canada Pension Plan
Today, the Alberta government released a report detailing just how Alberta plans to exit the Canada Pension Plan — which would have ripple effects on all Canadians. The proposal would amount to Alberta removing more than $330 billion — or almost sixty percent — of the Canada Pension Plan’s assets. Since 1966, Canadians have confidently invested their retirement savings in the CPP. More than 650,000 Albertans are CPP beneficiaries, and Canada’s chief actuary reports that the CPP is sustainable for at...