Alberta premier promises firm exit number before referendum on CPP

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Alberta premier promises firm exit number before referendum on CPP
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Smith says her government has heard from Albertans that they want the hard numbers and it is committed to getting them.

She says the federal government and the Canada Pension Plan Investment Board have not been helpful in providing their own estimates, and says the final figure may have to be decided in the courts.

The debate in Alberta is centred around a provincially commissioned report that states Alberta is entitled to more than half of all CPP assets if it leaves and would be able to provide Albertans with lower premiums and higher payouts.Economists and the Canada Pension Plan board estimate Alberta should get at most half that amount, and likely much lower, noting Alberta represents 15 per cent of Canadians in the CPP.

“And if the federal government and the CPPIB will not come to the table and talk with us in a reasonable way to get us that number, then we’ll probably have to go to a court decision.”

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