Federal Estimate on Alberta’s Portion After Potential CPP Withdrawal Delayed Till Fall

Published on February 17, 2024

Alberta’s finance minister says an estimate by Ottawa on what share of the Canada Pension Plan (CPP) the province is entitled to upon potential withdrawal has been delayed until fall. Premier Danielle Smith last year instructed her Finance Minister Nate Horner to look into establishing an Alberta Pension Plan. The federal government is opposed to the move, but has tasked Canada’s chief actuary to estimate what portion of the CPP would be Alberta’s should the province leave the national plan. “At that time, we were hopeful this work would be done promptly so we could provide it to Albertans,” Mr. Horner said in a Feb. 15 statement....

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