How Alberta could withdraw from the Canada Pension Plan (should it choose to do so) ableg abpoli
“If that were the case, it would be difficult to consider the Alberta plan ‘comparable,'” they state, adding that Albertans could become members of two different plans.In a word, no. There would be no need for Alberta to secure the support of any other province to withdraw from the plan, as cited by both federal and provincial departments of finance.
“Anyone who thinks it would be easy to unwind the economic interrelationships of something as complex as a national old age pension plan is naive.”“The Constitution gives provinces the power to create a pension plan if they wish to do so,” Adams said. Similarly, federal civil servants point out that while federal legislation offers “some leeway” for Ottawa to withhold certifying a theoretical APP as comparable, but also that “in practice it would be difficult to do so.”Smith’s mandate letter to Horner included instructions to release the government’s Alberta Pension Plan report on the merits and drawback of the province leaving the CPP.
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