EDMONTON — Premier Danielle Smith says Alberta will continue its $7.5-million pension-exit advertising and survey campaign, despite acknowledging the key dollar figure is disputed and likely headed to court.
Smith says her government stands by its assertion that Alberta deserves $334 billion if it leaves the Canada Pension Plan — a figure that represents more than half of all CPP assets.“We've asked the federal government to give us their interpretation. They declined,” Smith told reporters in Calgary on Thursday.“So maybe the next step is to go to court to see if the court supports our interpretation.
Opposition NDP Leader Rachel Notley said it’s time for Smith’s government to stop altogether with its yo-yo messaging. For the past month, Smith’s government has been expounding in ads and an online survey the benefits that could come to Albertans with a $334-billion transfer from the CPP. That would include lower premiums, higher pensions and perhaps thousands of dollars in bonus payments to seniors.
The advertising trumpets the benefits of a government-commissioned report from analyst LifeWorks — which computed the $334-billion figure — but avoids mentioning the potential risks and downsides also flagged by LifeWorks.
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