Alberta Finance Minister Open to Discussing Province's Potential Withdrawal from Canada Pension Plan

Nate Horner says he's open to discussing Alberta's proposal with finance ministers from across the country.Alberta Finance Minister Nate Horner says Alberta welcomes the conversation that has sprung up around its proposal to potentially withdraw the province from the Canada Pension Plan. Alberta's finance minister says he's looking forward to a future meeting with his provincial and federal counterparts on his province's potential withdrawal from the Canada Pension Plan.

It's unclear when that meeting will happen, or if it will occur as part of the traditional finance ministers' meetings that often happen in December. A report commissioned by the province and put together by the company Lifeworks indicated that Alberta would be entitled to 53 per cent of the CPP's assets.

"The harm it would cause is undeniable," wrote Prime Minister Justin Trudeau in an open letter addressed to Smith. "Withdrawing Albertans from the Canada Pension Plan would expose millions of Canadians to greater volatility and would deny them the certainty and stability that has benefited generations.

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Alberta Finance Minister to Base CPP Referendum Decision on Public OpinionAlberta Finance Minister Nate Horner states that the decision on whether to hold a referendum on leaving the Canada Pension Plan will be determined by public opinion gathered from various sources. Consultations with Albertans will play a crucial role in the decision-making process.
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