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The Senate

Motion Concerning Possible Exit of Alberta from the Canada Pension Plan--Debate Adjourned

February 27, 2024


Pursuant to notice of December 12, 2023, moved:

That the Senate of Canada:

1.call on the Chief Actuary within the Office of the Superintendent of Financial Institutions to publish an actuarial study that reports on:

(a)a possible exit of Alberta from the Canada Pension Plan (CPP), including an analysis of the viability of the CPP after such an exit by Alberta;

(b)a reasonable estimate of an exit cost of Alberta’s share of the Canada Pension Plan fund; and

(c)any other information that the Chief Actuary deems to be relevant in the study of this issue; and

2.call on the Office of the Parliamentary Budget Officer to study a possible exit of Alberta from the CPP, including any fiscal and/or economic impacts of such an exit from the CPP on Canadians.

She said: Honourable senators, I move that debate be adjourned until the next sitting of the Senate.

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