this post was submitted on 21 Sep 2023
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A report commissioned by the Alberta government says the province would be entitled to more than half the assets of the Canada Pension Plan - $334 billion - if it were to exit the national retirement savings program in 2027.

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[–] [email protected] 34 points 1 year ago

Alberta is entitled to jack squat except a gigantic environmental clean up bill.

[–] [email protected] 27 points 1 year ago (2 children)

LOL. She's so full of shit it's not even funny anymore. This made in AB bullshit has to end; the citizens of the province can't possibly be stupid enough to swallow this load of spew. Can they?

[–] [email protected] 14 points 1 year ago

You already know the answer to that.

Alberta's not a monolith by any stretch, but a significant percentage of the province is neck deep in the myth of rugged Albertan individualism and supremacy.

[–] Phil_in_here 1 points 1 year ago

Oh, we are definitely a strong 40% that dumb.

It's just a shame the other 60% can't agree that maybe the least evil party might be the best way forward.

[–] undercrust 24 points 1 year ago (1 children)

Can't wait for another round of the entire country ridiculing this bullshit that our AM Radio Host premier is pulling out of her ass. Always fun to be the butt of jokes.

[–] [email protected] 9 points 1 year ago

I can't wait to see the report the federal government comes up instead.

[–] Thrillhouse 24 points 1 year ago (1 children)

She’s such a fucking ghoul.

I don’t believe for a second that a) this won’t be used to invest in oil and gas b) she won’t kick the management of this to her buddies’ private companies so she can benefit personally.

Remember, the conservatives always want to privatize public services and assets to benefit their friends. Reference: GREENBELT.

[–] MrFlagg -2 points 1 year ago (1 children)

offtopic but the greenbelt is not a public asset. Its owned by private citizens mostly.

[–] prodigalsorcerer 4 points 1 year ago (1 children)

It's a public asset in the sense that its existence helps the rest of the province with things like groundwater, flood control, and air quality. It's also a potential source of food/agriculture for the province, though that part is just private enterprise and not guaranteed.

[–] Grant_M 19 points 1 year ago

Please, Alberta -- stop with these far right conspiracy theorists.

[–] PeriodicallyPedantic 19 points 1 year ago

Alberta says that Alberta gets more than half of the cake if it leaves the party early

[–] investorsexchange 18 points 1 year ago

As an Albertan, I want to stick with CPP. If our government tries this, Calgary and Edmonton might have to separate from Alberta to rejoin Canada.

[–] grte 17 points 1 year ago* (last edited 1 year ago)

Absolute insanity. Alberta is currently governed essentially by oil companies. This is their attempt to steal half of Canada's pension fund which will then be invested directly into their own industry. Blatant theft.

[–] [email protected] 16 points 1 year ago (1 children)

I read another article that said the half number comes from the idea that Alberta had never contributed to CPP and had their own plan since the sixties, when in reality, if you were to calculate how much they would be β€œowed” would be closer to 20%. Still a large number, but the way this report will be pushed on the Albertan populace to try to push a yes vote on a referendum is so underhanded and classless. Which, of course, is exactly what everyone had to expect from the physical embodiment of ignorance that is Danielle Smith.

[–] Dearche 8 points 1 year ago

And with the declining importance of oil, along with the lack of infrastructure and economic buildup because they didn't tax that oil revenue properly over the decades, if they really went independent on this, if anything, all retirees would be fucked over the next decade.

Honestly, I bet that the number they came up with was simply based on theoretical contributions according to the profits made on oil without actually looking at the contributions themselves.

[–] Rentlar 15 points 1 year ago* (last edited 1 year ago)

My comissioned report says I can take the BBQ sauce and wine back home when I leave the Ottawa cookout

[–] Pxtl 11 points 1 year ago

Also a pony. And a car. And a ponycar.

[–] Pazuzu 10 points 1 year ago

Hmm kind of annoying they say that and then the article, or more likely the third party that came to these conclusions didn't give any evidence to support that claim. Not surprising.

[–] [email protected] 10 points 1 year ago

Biggest heist in Canadian history?

[–] Grant_M 8 points 1 year ago
[–] corsicanguppy 6 points 1 year ago

Sounds impartial, that one.

[–] [email protected] 4 points 1 year ago

Alberta makes up just under 12% of the population. Best offer? 12% of the CCP.