Duane Bratt
I have reviewed the differences between the Lifeworks August 2023 and Morneau-Shepell April 2021 reports on an Alberta Pension Plan. Hat tip to @TheBreakdownAB for FOIPing it! Outside of the name of the company and the date, the two reports are largely the same.
https://x.com/duanebratt/status/1745...624235987?s=61
Here are two important passages from the Executive Summary. 2023 report on the left and 2021 report on the right. Identical!
https://x.com/duanebratt/status/1745...092209568?s=61
One big exception is the attached paragraph from 2023 report is second paragraph of the Executive Summary. While the 2021 report puts it on p4 of the body and not in the Executive Summary. This is significant because most people only read the Executive Summary of long reports.
https://x.com/duanebratt/status/1745...227155291?s=61
Even the calculation of CPP assets that they claim Alberta is entitled to is very similar. 2021 report has it at 55% ($293 billion) and 2023 report has it at 53% ($334 billion)
https://x.com/duanebratt/status/1745...043190614?s=61
If there was very little substantive differences between the two reports, two big political questions emerge. First, why did the Kenney government not release the report in April 2021? After all, they commissioned it as part of the Fair Deal Panel recommendations.
https://x.com/duanebratt/status/1745...427355709?s=61
Second, why did the Smith government ask Lifeworks to update the report? Why did they not release the original report once she became Premier in October 2022?
https://x.com/duanebratt/status/1745...874419548?s=61
Peter McCaffrey
They've already said they were updating the numbers to reflect new data from CPP:
"In February, Smith’s office said the report was being updated to reflect new figures on the CPP."
https://x.com/peteremcc/status/1745248798715064789?s=61