Politics Briefing: Freeland to get estimate of what Alberta would be owed if it proceeds to withdraw from the CPP


Source: theglobeandmail.com theglobeandmail.com

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Hello, Federal Finance Minister Chrystia Freeland says she will ask Canada’s chief actuary to provide an estimate of what Alberta would be owed if it proceeds with its plan to withdraw from the Canada Pension Plan. The actuary provides advisory services to the federal government, operating as an independent unit within the Office of the Superintendent of Financial Institutions. Freeland’s announcement today followed a virtual meeting she held with provincial and territorial finance ministers. Questions have been raised about Alberta’s actual share of the plan if the province leaves it to start its own plan. A report commissioned by the...