Premier Danielle Smith says if Ottawa comes back this fall with a lowball estimate on Alberta’s share of the Canada Pension Plan, hard questions will have to be asked on next steps.
“When we get that number, we’ll have to decide if they’re being unrealistic and unreasonable about it,” Smith told Shaun Newman on a Thursday podcast.
Smith told Newman a low number changes everything.
“If it’s equal (to) per capita, then that means I’d have to tell Albertans it’s about $93 billion that would be transferred,” Smith told Newman.
“(At that number) we wouldn’t be able to reduce your premiums, and we wouldn’t be able to increase your benefits.
“Is it still worth it?” she asked rhetorically. “Is the juice worth the squeeze?”
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Alberta estimates it deserves more than half of the national retirement plan, about $334 billion, while the CPP Investment Board has pegged it closer to Alberta’s share of contributions, at about $100 billion.
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