Report on Whether to Ditch CPP for Provincial Pension Plan to be Released by Alberta
The Alberta government is set to release its much-awaited report on the possibility of the province withdrawing from the Canada Pension Plan and establishing its own provincial program.
Premier Danielle Smith, Finance Minister Nate Horner, and panel chair Jim Dinning will unveil the report during a press conference in Calgary on Thursday.
Both Smith and her predecessor, Jason Kenney, have praised the potential benefits of an independent program, citing Alberta’s wealth and relatively young population.
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Smith has stated that regardless of the report’s findings, the people of Alberta will have the final say through a referendum on whether to withdraw from the CPP.
The Opposition NDP has accused Smith of playing political games by creating another divisive issue with the federal government.
The NDP has also argued that the proposal is out of touch with public opinion, as opinion polls indicate that abandoning the CPP is highly unpopular among Albertans.
