Trudeau says Alberta’s Canada Pension Plan exit would cause "undeniable" harm

Prime Minister Justin Trudeau says he is “deeply concerned” over Alberta Premier Danielle Smith’s proposed plans to withdraw the province from the Canada Pension Plan (CPP).

In an open letter to the premier Wednesday, Trudeau said he has instructed his cabinet and officials to do “everything possible” to ensure the CPP remains intact, warning that an Alberta exit would cause “undeniable” harm.

Smith in September launched work on a provincewide consultation on whether to quit the Canada Pension Plan and instead create an Alberta Pension Plan, while releasing a report that estimated the province deserves more than half of the CPP’s assets.

The third-party report says Alberta should get $334 billion, or 53 per cent of the CPP, if it leaves the program in 2027 following the required three-year notification period.

Global's Sarah Reid has more.

For more info, please go to https://globalnews.ca/news/10032931/trudeau-alberta-canada-pension-plan-letter/

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Видео Trudeau says Alberta’s Canada Pension Plan exit would cause "undeniable" harm канала Global News