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.