Another take, from the Hearald this morning.
http://www.calgaryherald.com/business/Here+comes+attack+firewall+Philistines/6459345/story.html#ixzz1s2D4atqx
Quote:
"It would only serve to lead to costly and timeconsuming debates with Ottawa," he said in an email. "The money that an Alberta Pension Plan is able to repatriate to the province from the national CPP fund would be offset by a decline in national monies for the province in some other capacity . . . If Albertans withdraw from the CPP, one would then expect the result to be higher CPP contributions for other provinces.
Some provinces are net con-tributors to federal coffers. Some are net recipients. I think the cost of provinces trying to keep what's perceived as 'theirs' could be very detrimental to Canada if it became a trend."
But what of Quebec, which has its own pension plan? "Why would you want to emulate Quebec on anything?" Milke asks. "It has been an example of bad policy decisions for decades."
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