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Originally Posted by aaronck
LOL right? Why would anyone care about facts in a case like this?
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Yeah aren’t they inconvenient?
Of course Alberta has a right to start its own plan….but there is no parallel aside from that to Quebec. They never joined the plan and there was no messy divorce or allocation of resources. There is no precedent for someone exiting and the breakup will be very messy.
Now, Trudeau shouldn’t do Smith any favours here. His message should be along the lines of - the legislation gives Alberta this option but the data is pretty clear - the CPP is very well managed, far exceeding the returns from say AIMCo. Add in the benefits of Albertans participating in a larger more diverse fund and the long run favours continued CPP involvement.