Senator Paula Simons🇨🇦Wow. A huge - explosive - scoop from the Globe and Mail. It reports that Alberta wants to claim more than 50% of the total value of the CPP to kick start its own Alberta-only pension plan. https://www.theglobeandmail.com/canada/article-alberta-canada-pension-plan-assets/ #Canada #Alberta #CPP #abpoli #ableg #cdnpoli #CanadaPensionPlan
Here, for context, is a column I wrote in 2021 on all the reasons that an Alberta pension plan would be problematic. But I never imagined anything that would rip the country apart as this proposal would. https://albertaviews.ca/pension-folly/ #Alberta #Canada #CPP #abpoli #ableg #CanadaPensionPlan #AlbertaViews #cdnpoli
MementoMori@Paulatics well said, populism is wrecking everything from politics and now to long-term investments 😏
More context: here is the solid gold expert panel that I convened earlier this year to debate the (dubious) merits of an Alberta pension plan. This is a must listen, all over again, in light of this breaking news. https://spotify.link/AOIxYv3lgDb #CPP #Alberta #ableg #abpoli #CanadaPensionPlan #AlbertaUnbound #UAlberta #UCalgary #Canada #cdnpoli
KimberlyN 
Somehow that doesn’t seem right…🤨
Justin M@Paulatics oh they can piss off with that idea right now
William Hamilton@Paulatics Repealing the Alberta Act and starting over from scratch would be *less* of a jurisdictional and constitutional nightmare at this point.
@AlexBlock has moved@Paulatics To bypass the paywall : https://archive.ph/D7y4F
Pat
Third spruce tree on the left@Paulatics Hrmm... didnt alberta have a big rainy day fund provided with oil money? Like a 1/10 scale version of Norways?
How is that heritage fund working out? Alberta doesnt seem too successful at running sovereign wealth funds. Id be reluctant to hand them my retirement $.
WanderingHuman 🇨🇦@Paulatics Like hell!
UrbanEdm@Paulatics It's like Brexit: we'll leave and they'll definitely give us everything we demand, right?
ReallyCanadianFly@Paulatics more and more I have to wonder who's pulling DS's strings and even more what their end game is. Possibly being paranoid but it feels like they're using Alberta as a wedge to split apart Canada.
Kaldannan@Paulatics As an Albertan, I hate everything about this so much and want the UCP to eff off into the sun.