Trudeau attacks pitch to take Alberta out of CPP in open letter to Danielle Smith

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Trudeau attacks pitch to take Alberta out of CPP in open letter to Danielle Smith
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Prime Minister Justin Trudeau and Alberta premier Danielle Smith meet in February 2023.

Prime Minister Justin Trudeau has sent an open letter to Alberta Premier Danielle Smith calling her plan to pull Alberta out of the Canada Pension Plan a risk to "certainty and stability."Prime Minister Justin Trudeau has written an open letter to Alberta Premier Danielle Smith criticizing her pitch to pull her province out of the Canada Pension Plan.

Smith has long called for Alberta to leave the CPP and told reporters after the release of the LifeWorks report that "an Alberta pension plan would be fairer and could make life more affordable for all Albertans."Danielle Smith's big-money sales pitch on Alberta pension plan hasn't worked yet The prime minister said that in a time of high inflation, climate change and conflict, political leaders should strive for certainty over instability. He vowed to challenge's Smith's CPP plans.

"It's basically invented, and then you end up with this very, very large figure that would not work," said Leduc, adding that his organization respects the rights of provinces to withdraw and create their own pension plans."I think it was a little problematic that the government's hanging its hat on half the CPP assets, which you think is kind of transparently unreasonable and not going to fly anywhere else in the country," he said.

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