Quote:
Originally Posted by bizaro86
Employment % doesn't really matter, because unemployed people don't accrue benefits either. So unless you think Alberta's population is going to dramatically start shrinking boom/bust doesn't change the numbers on this. And because of the previous young people growth it would take decades of emigration to get to the point this wasn't advantageous from a demographic point of view. Boom/bust isn't a factor, because the cycles are too short for that.
Anyway, like I said the UCP and Aimco aren't trustworthy enough for this, but the underlying demographic math is pretty irrefutable, and populations just don't move enough for it change. Especially the very old (who didn't pay for their own cpp) are not likely to start moving provinces.
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Is this right? Unemployed people aren't accruing benefits but you still need a bunch of people funding it to cover current obligations as people live longer. If everyone just stopped worked/paying CPP tomorrow - would they have the money to pay out everything owed to people who are owed today?
I think it would be right if you the boom/bust followed a forecasted pattern, but if the oil market dried up faster than expected - would that still work?