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this post was submitted on 12 Dec 2023
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"Alberta's young working population and more jobs with higher wages has resulted in Albertans over-contributing tens of billions into the CPP compared to the benefits we've received," states a Government of Alberta video promoting the creation of an Alberta pension plan.
Aren't the high wages (and young people) predominately because oil/gas? Are those not national natural resources?
They are not. The government of Canada owns 0.56% of fossil fuels in Canada. The majority of ownership is by private corporations. Canada's natural resources have been sold to private companies. It's their natural resources now.
If you ever needed an example of rotten-to-the-core corruption, this is it, kids! :D
Thanks, Stephen!
The young people aren't because of oil/gas - they're mostly because Calgary and Edmonton are pretty decent in terms of services and actually affordable.
You missed the recent news that Calgary is now more expensive than Vancouver and Toronto?