Freeland meeting finance ministers to discuss Alberta’s CPP exit proposal

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Freeland called the meeting amid concerns about the ramifications of Alberta leaving the federal retirement plan to set up its own standalone program.

The Alberta government says its workers have contributed an oversized share to the national fund and would be in line for big savings and payouts if it were to leave the CPP.Freeland says Albertans need to know the CPP delivers among the best returns in the world and that an Alberta pullout would put the program at great risk for millions.

Alberta Premier Danielle Smith had planned to hold a possible referendum on leaving the CPP in 2025, but now says she won’t hold it until governments or the courts deliver a hard number on how much Alberta will get if it leaves the CPP.‘Serious health risks’ possible from cord blood stored at Edmonton facilityViewed

 

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