and Ontario were to all three decide to step out of the CPP, they would somehow be owed over 120 per cent of the funding – we'd be paying them to leave the CPP," Boissonnault said. "By the math that the Alberta government put on the table, if Alberta, B.C. The information you need to know, sent directly to you: Download the CTV News AppĪlberta's governing United Conservative Party contends that the province's workers put more into the Canada Pension Plan (CPP) than they get back, and that Alberta could make billions if it managed its own pension plan.Ĭanada's chief actuary is now looking into the matter, including calculations in a report commissioned by Alberta that said the province would be owed $334 billion if it leaves the CPP, which is more than half the total amount in the federal fund."It's simply wrong to politicize pensions." "I can tell you that the federal government and I are very clearly committed to working with Albertans to keep them in the Canada Pension Plan," Boissonnault told CTV’s Power Play on Friday. Federal Employment Minister Randy Boissonnault says he is against any attempt by the Alberta government to leave the Canada Pension Plan.
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