What would Withdrawing from the Canada Pension Plan Mean to Albertans?
By Ellen Nygaard and Virendra Gupta, Edmonton, AB, October 2021
The United Conservative Party (UCP) government, shortly after taking office in 2019, created a panel to consider whether Albertans are getting a “fair deal” as part of Canada. One of its assignments was whether Alberta should withdraw from Canada Pension Plan (CPP) and create its own pension plan, taking our portion of assets and liabilities from the Canada Pension Plan and running a pension plan for Alberta workers. The Panel recommended that the Government:
“Develop a comprehensive plan to create an Alberta Pension Plan and withdraw from the Canada Pension Plan. Subsequently, provide Albertans the opportunity, via a referendum, to vote for or against withdrawing from the Canada Pension Plan and creating the Alberta Pens...