Quote:
Originally Posted by Slava
I don't think it's that messy though. You just have people leaving one pension plan and moving to another. That kind of thing happens all the time, and it's not insurmountable.
But of course, just because we can do that and it's not a big deal in the grand scheme of things doesn't mean that we should.
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But how do you handle the liabilities/existing holdings? Did you read the entire article I posted? It lays out some pretty big stumbling blocks.
Now, if we want to start from scratch, I guess that could maybe be done, but then we abandon a lot of money. The other provinces aren't just going to hand it over. We have zero leverage here.
I think this is another case of Smith being told a stupid idea, and her running with it without considering how the sausage gets made.