Trudeau says Alberta’s Canada Pension Plan exit would cause ‘undeniable’ harm

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Trudeau says Alberta’s Canada Pension Plan exit would cause ‘undeniable’ harm
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In an open letter to the premier Wednesday, Trudeau said he has instructed his cabinet and officials to do 'everything possible' to ensure the CPP remains intact.

As Alberta mulls exiting the Canada Pension Plan in favour of making its own, the province has released a new independent report detailing how much money it's entitled to if it opts out.

“Alberta’s withdrawal would weaken the pensions of millions of seniors and hardworking people in Alberta and right across the country,” the letter said. “We are living in a time of unprecedented challenges. External forces and events – from geopolitical unrest to climate change, and more – are having a direct impact on people here at home. As leaders, we have a duty to protect Canadians from these headwinds – not to introduce even more uncertainty and instability,” the letter says.

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