Alberta Premier Danielle Smith speaks during a news conference in Calgary in October. Smith says the province will continue it's campaign to leave the CPP, despite a dispute over the accuracy of the key dollar figure being used to sell the plan.
Smith says her government stands by its assertion that Alberta deserves $334 billion if it leaves the Canada Pension Plan — a figure that represents more than half of all CPP assets. The Canada Pension Plan Investment Board pegs Alberta's share of the CPP at 16 per cent.Alberta Premier Danielle Smith speaks during a news conference in Calgary this month.
"The amount of the asset transferred will then determine how much we can reduce premiums or it will determine how much we can increase benefits." "Two days ago, the premier and I think Jim Dinning were completely confident that the number was a good number," Notley told reporters Thursday in Calgary.
Economists and the Canada Pension Plan Investment Board say the amount Alberta would get would be, at best, half that amount and likely lower.University of Calgary economist Trevor Tombe, whose research on this topic has been cited by Dinning, puts the figure at about 20 per cent.The advertising campaign and the online survey have come under fire from the NDP, the Canada Pension Plan board and from some callers to Dinning's two recent telephone town halls.
The advertising trumpets the benefits claimed in a government-commissioned report from analyst LifeWorks — which computed the $334-billion figure — but avoids mentioning the potential risks and downsides also flagged by LifeWorks.
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