Alberta Moves Toward 2026 Referendum on Canada Pension Plan Exit
Alberta's government is considering holding a referendum in 2026 on whether to withdraw from the Canada Pension Plan (CPP) and create its own provincial pension plan. This recommendation comes from a panel led by the province's premier. The panel's report suggests that a provincial pension plan could provide better returns and more control over investment decisions for Albertans. However, withdrawing from the CPP would also come with significant challenges, including the potential for higher costs and the need to establish a new administrative system. The decision to hold a referendum will be made by the Alberta government, and the outcome could have far-reaching implications for the province's financial future and its relationship with the federal government.
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