Alberta estimates it deserves more than half of the national retirement plan, about $334 billion.
WATCH ABOVE: Finance Minister Chrystia Freeland met with her provincial and territorial counterparts to discuss Alberta’s plan to exit from the Canada Pension Plan – Nov 3, 2023says if Ottawa comes back this fall with a lowball estimate on Alberta’s share of the Canada Pension Plan, hard questions will have to be asked on next steps.
Canada’s chief actuary is scheduled to review the entire issue and deliver her estimate sometime this fall. Federal Finance Minister Chrystia Freeland’s office said Wednesday that no specific date has been announced.Her government has argued Albertans are getting a raw deal under the national retirement plan, which includes all provinces except for Quebec.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
At a UCP members-only town hall in late July, Smith found herself defending the delay, and a government marketing push that failed to bring more Albertans on board with the idea.‘We lost everything’: Gaza refugees facing financial uncertainty in CanadaVancouver council approves huge increase for Stanley Park tree removal budget
“We have to get the certainty from the federal government that that is going to be the asset transfer,” she said.Smith has said about a third of voters love the idea, a third hate it, and a third are open to being swayed.
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