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Opposition urges Alberta to drop CPP exit ads, Danielle Smith says campaign will continue
NDP Leader Rachel Notley says the $7.5-million ad campaign is rife with false facts. Smith's government says it’s entitled to $334 billion from the CPP. Smith says they’ll stick by the $334-billion figure, but she welcomes a federal government number.
Alberta CPP exit panel tries to persuade naysayers at town hall, argues with callers The panel hearing from Albertans on quitting the Canada Pension Plan argued with callers. Panel chair Jim Dinning fired back at two callers, one of whom said Alberta’s claim to half the CPP is nothing but naked greed.
'Take your job seriously': Employment Minister tells Alberta to stick with Canada Pension Plan Federal Employment Minister Randy Boissonnault says he is against any attempt by the Alberta government to leave the Canada Pension Plan. Alberta's governing United Conservative Party contends that the province's workers put more into the CPP than they get back. Canada'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.
Canada says Alberta leaving CPP would add to economic... Alberta has threatened to withdraw from the Canada Pension Plan (CPP) Federal Finance Minister Chrystia Freeland says it would add to economic uncertainty. Alberta Premier Danielle Smith's government is asking for an exit from the CPP.
Danielle Smith’s pension pantomime Alberta Premier DANIELLE SMITH has touted splitting from the CPP as a “fairer’ option for Albertans. A study commissioned by the province suggested an initial savings of upwards of C$5 billion by moving money out of it. The Business Council of Canada is urging Trudeau to abandon his government’s unilateral pursuit of a digital services tax.
Community groups come together to discuss climate change in South Lanarkshire An informal climate and nature session was hosted by South Lanarkshire’s Community Planning Partnership (CPP) Local community groups and young people were welcomed to the event. Speakers include Laura Young and Alex Cameron-Smith.
Freeland to meet finance ministers on Alberta’s proposed CPP withdrawal Finance Minister Chrystia Freeland will meet with her provincial and territorial counterparts on Friday to discuss Alberta’s proposed withdrawal from the Canada Pension Plan. In a letter to the ministers, she said the province had the right to withdraw from the CPP, but that it should be “informed by a clear understanding of the risks” of doing so.
Flawed analysis behind Alberta's CPP exit proposal,... Canadian Finance Minister Chrystia Freeland says she will challenge Alberta's proposal to withdraw from the Canada Pension Plan. Any province has the right to quit but the value of assets to be transferred must be negotiated. The CPP dwarfs all other pensions and acts for 21 million contributors and beneficiaries.
'Protecting the pensions of all Canadians' a priority, Freeland says ahead of Friday CPP meeting Finance Minister Chrystia Freeland will meet Friday with provincial and territorial finance ministers. The meeting is to discuss Alberta potentially pulling out of the Canada Pension Plan. Alberta's UCP has been mulling the idea of leaving the CPP and forming its own pension plan since 2020.
ANALYSIS | Ontario has concerns over Danielle Smith's CPP exit bid, but also a stark lesson for her | CBC News Alberta may ask Ottawa to help manage provincial pension plan. Ontario tried that once. Alberta leaders muse that CPP managers could still run their fund on the cheap.
Alberta allowed to leave CPP, but would be a 'one-way ticket': employment minister Alberta is legally allowed to withdraw from the Canada Pension Plan. Employment Minister Randy Boissonnault says doing so would be a “one way ticket,” with no chance of return. Alberta's UCP has been mulling the idea of leaving the CPP and forming its own pension plan since 2020.
ANALYSIS | Danielle Smith's pension trifecta: Trudeau, Notley and Poilievre agree on something | CBC News Conservative leader argues Albertans only want to leave CPP because of Liberal policies. That undercuts the premier's insistence the idea's great on its own strength.
Canada Pension Plan eyes unloved energy assets in green... Canada Pension Plan Investments (CPP) sees rare opportunity to invest in the shift to a lower carbon economy. Money managers have piled in to the renewable energy sector as part of a broad drive to limit environmental damage.
Trudeau says Alberta’s Canada Pension Plan exit would cause ‘undeniable’ harm Prime Minister Justin Trudeau says he is “deeply concerned’ over Alberta Premier Danielle Smith’s proposed plans to withdraw the province from the Canada Pension Plan. In an open letter to the premier Wednesday, Trudeau said he has instructed his cabinet and officials to do “everything possible” to ensure the CPP remains intact.
Alberta says Quebec pension model back on table in Canada Pension Plan exit debate | CBC News Finance Minister Nate Horner says the proposal to have a future Alberta pension plan mirror the controversial Quebec investment model remains on the table. Dinning's panel is to make a recommendation in the spring on whether there is a public appetite to leave the CPP. Smith said she will call a referendum on the question.
Alberta Opposition moves forward with public consultations on province quitting CPP NDP Leader Rachel Notley says more than 23,000 Albertans have already responded to her party’s survey, with more than 90 per cent rejecting the idea of ditching the CPP. Premier Danielle Smith announced in September that virtual town hall consultations would be held this fall.
ANALYSIS | Danielle Smith's big-money sales pitch on Alberta pension plan hasn't worked yet | CBC News Alberta Premier Danielle Smith is trying to convince Albertans to leave the Canada Pension Plan. Smith says starting a separate provincial pension plan would bring residents higher benefits for lower contributions. Polling shows leaving the CPP remains a widely unpopular idea.
Investors more bullish on Collins Property Group (JSE:CPP) this week as stock soars 20%, despite earnings trending downwards over past five years Collins Property Group Limited (JSE:CPP) share price up 20% in a week. But that doesn't change the fact that the returns over the last five years have been less than pleasing. The share price is down 30%, which falls well short of the return you could get by buying an index fund.
Canada Pension Plan disputes claims Alberta could exit... Canada Pension Plan disputes claims Alberta could exit fund with nearly $250 bln -report. A study commissioned by the Alberta government estimated it should be entitled to withdraw C$334 billion from the fund in 2027. The CPP contends any amount owed to Alberta would be closer to C$100 billion.
Report finds Alberta deserves more than half CPP assets if it exits program Alberta would be the first province to quit CPP; Quebec never joined when it was set up in 1965. The report estimates setting up an Alberta plan would cost between $100 million and $1 billion. Premier Danielle Smith has said regardless of the report’s conclusions, Albertans would have the final say.
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