Albertans contributed about 16 per cent of total CPP contributions but received only 12 per cent of total CPP benefits.
Workers born in 1993 or later can expect a real rate of return of just 2.5 per cent from the CPP.
Albertans have higher average incomes, which means there’s a higher level of premiums paid into the fund.
Specific legislation governs the withdrawal of any province from the CPP.
Each Albertan would save up to $2,850 in 2027, the first year of the hypothetical Alberta plan.
The board's investment strategy includes pushing society towards “net-zero” carbon emissions.
For ESG to accomplish the environmental objectives championed by advocates, it must reduce investor returns.
Canada has the fifth-highest level of total indebtedness (relative to the size of our economy) among 29 industrialized countries.