Quote:
Originally Posted by Wormius
If Smith was this wrong about how much she thought Alberta would get as a portion of the CPP, I can’t say I really trust at her numbers at how much Alberta is paying into administration fees. Who’s to say we’re not going to pay more to manage this? If it’s going to be a wash and we’re going to copy the CPP, it seems like a pretty stupid and useless like all of the Wexit crap she seems to be playing towards.
|
If you copied the portfolio investment performance would be a wash. That wasn’t the benefit though. I believe it was the structure of the CPP and its overhead that was the carrot.
Reduced overhead or management expense fee ultimately and that older demographic regions get more benefit than younger.
Like I said above. I can’t remember the fine details. I’ll try and find the arguments and post them here.