Alberta election fact check: Can a UCP government create an Alberta pension plan? | Globalnews.ca

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Alberta election fact check: Can a UCP government create an Alberta pension plan? | Globalnews.ca
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Will the UCP with a second term turf the CPP and start up an “APP”? The short answer is “it depends.” The long answer requires a revisiting of recent history.

But with four-year election cycles, governments have shorter time horizons to make policy changes that could have long-lasting impacts.

formed in November 2019 under former premier Jason Kenney.announced the panel during a speech at the Manning Centre’s “What’s Next?” conferenceThe UCP government immediately started hosting town hall meetings around the province to take opinions from Albertans on withdrawing from the Canada Pension Plan and creating a provincial one.

Any changes to the Canada Pension Plan Act – like having a province withdraw – would require seven of 10 provinces representing two-thirds of the country’s population to agree. The last time the act changed was in 2016.

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