Posted 10/31/2023, 9:40:00 PM
Alberta Threatens CPP Exit, Sparking National Backlash
- Alberta threatens to pull out of Canada Pension Plan (CPP), prompting meeting with finance ministers
- Freeland calls CPP "bedrock of secure retirement" but hears Alberta's concerns
- Alberta believes it overcontributes to CPP due to younger, wealthier population
- Plan panned by experts, business groups, labour unions, other provinces as risky
- Alberta government pressing ahead with legislation expected this week to exit CPP
