Alberta government wants to leave CPPwww.cbc.cacross-posted to: canada@lemmy.ca cerothem ( @Cerothen@lemmy.ca ) Canada@lemmy.caEnglish • 1 year ago message-square16fedilinkarrow-up123
arrow-up123external-linkAlberta government wants to leave CPPwww.cbc.ca cerothem ( @Cerothen@lemmy.ca ) Canada@lemmy.caEnglish • 1 year ago message-square16fedilinkcross-posted to: canada@lemmy.ca
minus-square Sir_Osis_of_Liver ( @Sir_Osis_of_Liver@kbin.social ) linkfedilink12•1 year agoAlberta makes up a bit under 12% of the population. Best offer? 12% of the CPP. Good luck with that.
minus-square blindsight ( @blindsight@beehaw.org ) linkfedilink2•1 year agoAlberta is younger than most provinces on average, isn’t it? Maybe an equal share is right, though, since average income is higher in Alberta. Still, compound growth is huge, so even a small change in average age would have a big impact on portfolio valuation.
Alberta makes up a bit under 12% of the population. Best offer? 12% of the CPP. Good luck with that.
Alberta is younger than most provinces on average, isn’t it? Maybe an equal share is right, though, since average income is higher in Alberta.
Still, compound growth is huge, so even a small change in average age would have a big impact on portfolio valuation.