Alberta Premier Danielle Smith gives a speech at the annual Premier's K-Days breakfast in Edmonton on Friday July 19, 2024. Smith says if Ottawa comes back this fall with a lowball estimate on Alberta’s share of the Canada Pension Plan, hard questions will have to be asked on next steps. (Photo: Canadian Press)
Hard questions for feds if Alberta’s share of CPP falls short: Premier Smith
Sep 13, 2024 | 10:07 AM
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Premier Danielle Smith says if Ottawa comes back this fall with a lowball estimate on Alberta’s share of the Canada Pension Plan, hard questions will have to be asked on next steps.
Her government estimates it deserves more than half of the national retirement plan if it were to withdraw about $334 billion.
Smith says when the province gets a number, expected from Canada’s chief actuary this fall, it will need to decide if the federal government is being unrealistic and unreasonable.
If it’s based on a per-capita formula, that would leave the province with only about $93 billion, which isn’t enough to reduce premiums or increase benefits.
