Alberta Deserves More Than Half CPP Assets If It Exits Program: Report

Alberta Deserves More Than Half CPP Assets If It Exits Program: Report
Alberta Premier Danielle Smith speaks to media in Winnipeg, on July 11, 2023. The Canadian Press/John Woods
The Canadian Press
Updated:
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A report commissioned by the Alberta government estimates the province would be entitled to more than half the assets of the Canada Pension Plan if it were to exit the national retirement savings program and go it alone.

A third-party report compiled by consultant Lifeworks released Thursday calculates that if Alberta gave the required three-year notice to quit CPP next year, it would be entitled to $334 billion, or about 53 percent, of the national pension plan’s pool by 2027.