The Calgary Chamber of Commerce says it has some concerns about a proposed Alberta pension plan after the province released its proposal last week.
about a proposed Alberta pension plan after the province released its proposal last week.
“This is a far-reaching proposal,” chamber president and CEO Deborah Yedlin told Global News. “It will have significant implications for businesses and investors, not just in Alberta, but in Canada as well.” Calgary’s investment community said withdrawing from the CPP would reduce the pension’s portfolio size, thereby reducing returns, while increasing investment risk and cost, and possibly higher premiums for Alberta businesses.
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