An Alberta exit from Canada's pension plan would cost the rest of the country big time via fpcomment
There’s a palpable rising frustration in western Canada, particularly in Alberta, regarding the give-and-take of national programs — a growing sense that Ottawa just doesn’t understand the west. Unfortunately for the country, increased western alienation could impose significant costs on the rest of Canada that Ottawa should recognize.
A new study documents the contributions of Albertans to the Canada Pension Plan and provides specific, concrete information about what Alberta’s withdrawal from the CPP — though not recommended — would mean for the rest of the country. For context, the net contribution over the same 10-year period by Ontario, which has a much larger population and workforce than Alberta, was $7.4 billion, slightly more than one-quarter of Albertans’ contribution.
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