Alberta Challenges Federal Report on Canada Pension Plan Asset Division

Premier Danielle Smith criticizes the report for lacking a clear calculation of Alberta's share, delaying potential referendum plans.

A federal report from Canada’s Chief Actuary found Alberta would likely be entitled to a smaller share of the Canada Pension Plan (CPP) assets than the province's initial estimate of $334 billion.
The report, commissioned by former Finance Minister Chrystia Freeland, did not include a specific dollar figure or formula for calculating Alberta's share of the CPP assets.
Alberta Premier Danielle Smith expressed disappointment in the report, stating that a clear figure is necessary before moving forward with a referendum on withdrawing from the CPP.
Experts, including economist Trevor Tombe, suggest Alberta's share would range between $130 billion and $160 billion, significantly less than the province's claim of over half the CPP's assets.
The federal government plans to meet with provinces and territories in the coming weeks to discuss the report and potential next steps.