The Fraser Institute’s president says Alberta’s newly elected premier should ride the wave of the United Conservative Party’s election win and move forward with exploring leaving the Canada Pension Plan. In May, Albertans re-elected Danielle Smith, with the UCP securing a majority government. There’s no better time to start the ‘leave’ discussion than now, says Niels […]
While many Alberta employers say they’d be disadvantaged if the province left the Canada Pension Plan, one expert says a provincial pension plan could benefit members by reducing contributions and increasing retirement savings. Last November, Alberta Premier Danielle Smith instructed the province’s finance minister to provide recommendations on the implementation of a provincial pension plan. According […]
A joint venture involving the Canada Pension Plan Investment Board is investing in a hotel in Rome. The acquisition of the W Rome is part of a joint venture between the CPPIB and Hamilton Pyramid Europe, a subsidiary of the Pyramid Global Hospitality Group. The luxury hotel, which will continue to operate under the W […]
Alberta Premier Jason Kenney says his government will make a decision this spring on whether to pursue pulling Alberta out of the Canada Pension Plan. But Kenney says even if the United Conservative government proceeds, Albertans will have the final say through a referendum on whether to create an Alberta Pension Plan. Treasury Department officials […]
Certain politicians have suggested Alberta withdraw from the Canada Pension Plan and go it alone. Would the province benefit from a solitary system or is the idea short-sighted? Niels Veldhuis, economist and president of the Fraser Institute In June, Alberta’s Fair Deal panel recommended the development of a comprehensive plan to withdraw the province from […]
Alberta’s Fair Deal panel is recommending that the provincial government withdraws from the Canada Pension Plan and creates its own, subject to a referendum. “The panel recommends vigorously exploring this option and conducting the due diligence needed to assure Albertans that benefits and risks are understood and can be positively managed,” wrote the panel. “Albertans will […]
Over the weekend, the Alberta Premier Jason Kenney said the provincial government intends to examine the ramifications of disentangling Alberta from multiple federal cost-sharing programs. At a conference in Red Deer, Alta. on Saturday, he announced the formation of a panel that will consult on subjects such as whether the province should start its own pension system and […]