cerothem to CanadaEnglish · 9 months agoAlberta government wants to leave CPPwww.cbc.caexternal-linkmessage-square19fedilinkarrow-up131arrow-down11cross-posted to: canada
arrow-up130arrow-down1external-linkAlberta government wants to leave CPPwww.cbc.cacerothem to CanadaEnglish · 9 months agomessage-square19fedilinkcross-posted to: canada
minus-squareSir_Osis_of_Liver@kbin.sociallinkfedilinkarrow-up18·9 months agoAlberta makes up a bit under 12% of the population. Best offer? 12% of the CPP. Good luck with that.
minus-squareblindsight@beehaw.orglinkfedilinkarrow-up2arrow-down1·9 months 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.