The Calgary Chamber of Commerce is voicing pointed criticism about the UCP government\u0027s desire to create an Alberta Pension Plan.
The chamber joined other APP critics in saying the plan would mean lower returns due to drawing from a smaller benefits pool.
From a national perspective, the CEO of the Business Council of Canada said the possible departure of Alberta from the national plan could have unintended consequences, such as affecting the interprovincial mobility of workers. But opponents of the plan, including economists and union leaders, have attacked those numbers as “fantasy” and a way to mislead Albertans.
Perhaps noting polls have shown Albertans opposed to the APP outnumber supporters by more than two-to-one, the opposition NDP has been hammering the UCP government on the issue on an almost daily basis.I want you to know that this pension does not belong to Justin Trudeau, it doesn’t belong to Danielle Smith, it doesn’t belong to me,” NDP leader Rachel Notley told the Alberta Municipalities Convention in Edmonton Friday.
A Mount Royal University political scientist said the government’s proposal to a set up APP could jeopardize the UCP political position among Albertans.
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