Quote:
Originally Posted by BlackArcher101
So basically trying to turn the biggest perceived negative that people have with the APP (will be used to invest in alberta companies), and apply it to the CPP. Therefore driving a dilemma of "would you rather have your money invested in the rest of Canada, or invested in Alberta on Albertans". I can see this as a question in the referendum.
I have zero clue what this dual-mandate thing is that he speaks of, and I'm sure most of the people that will see quotes from this won't either, but believe it to be bad.
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The duel mandate is most certainly a negative. My biggest apprehension behind the APP proposition from the UCP was exactly that, that not only would the fund be stripped away from the CPP that isn't broken but also would be susceptible to greater political interference. Now, Freeland with the fall economic update basically came right out and put political interference in the CPP's mandates right on the table. At the end of the day I want my pension funds managed completely independent of the government in power and managed with the intent towards generating the best risk-adjusted returns possible.