A report commissioned by the Alberta government says the province would be entitled to more than half the assets of the Canada Pension Plan - $334 billion - if it were to exit the national retirement savings program in 2027.
A report commissioned by the Alberta government says the province would be entitled to more than half the assets of the Canada Pension Plan - $334 billion - if it were to exit the national retirement savings program in 2027.
And with the declining importance of oil, along with the lack of infrastructure and economic buildup because they didn’t tax that oil revenue properly over the decades, if they really went independent on this, if anything, all retirees would be fucked over the next decade.
Honestly, I bet that the number they came up with was simply based on theoretical contributions according to the profits made on oil without actually looking at the contributions themselves.