Albertans are fuelling Canada’s retirement with a net $53.6 billion, says Fraser Institute

Albertans are fuelling Canada’s retirement with a net $53.6 billion, says Fraser Institute

The debate about leaving the CPP in favour of a provincial alternative is reignited

Alberta’s $53.6 Billion CPP Contribution Surpasses Every Other Province: Is It True? - UP Excise Portal

Alberta’s $53.6 billion net contribution to the Canada Pension Plan has sparked discussions about creating an Alberta Pension Plan. This article explores the reasons behind the large contribution gap, the pros and cons of leaving the CPP, expert analysis, and public opinion—offering a complete, clear, and professional guide to one of Alberta’s biggest economic debates.

According to the Pension Agency, from the date of its establishment to 2024, the amount accumulated by the agency in the form of citizens' pension savings exceeded 6 billion 500 million GEL. Specifically in 2024, revenues amounted to 185 billion GEL. According to representatives of the agency, most of the money has been successfully invested both in the directions of banking and state securities within the country, and in shares of international…