(File)

Alberta workers pay four times what Ontario workers pay to CPP: study

Report suggests one factor is that Alberta has a higher share of the working-age population

Albertan workers disproportionately contribute to the Canada Pension Plan, a new study released Wednesday suggests.

From 2008 to 2017, Albertans paid $27.9 billion more to CPP than the province’s retirees received in payments over the past decade, according to the study by the Fraser Institute.

In 2017 only, Alberta workers made 16.5 per cent of all contributions to the CPP, but pensioners received 10.8 per cent of CPP payments.

The province’s net contribution that year was $2.9 billion.

READ MORE: Five highlights in the 2019 federal budget

Over 10 years, its contribution was almost four times that of Ontario, the next highest contributing province, the study said, at $7.4 billion.

The study points to three main factors: Alberta has a higher share of the working-age population, it maintains higher employment rates for those of working age, and employees benefit from higher-than-average market incomes than people elsewhere in Canada.

Provinces can opt out of the CPP program as Quebec did when it was first introduced in the 1960s and provide their own program, according to the report.

“Canadians in other parts of the country clearly benefit from Alberta’s outsized financial contribution to the country,” said Jason Clemens, executive vice-president of Fraser Institute and study co-author. “So Canadians and governments across the country should be more accommodating to help Alberta prosper.”

Alberta Premier Rachel Notley has fought hard against B.C. Premier John Horgan over the expansion of the controversial Trans Mountain pipeline, which transports oilsands crude from Edmonton to the Vancouver-area coast.



joti.grewal@bpdigital.ca

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

District closes pool

Cites staffing shortages

Disrespectful that Horgan won’t meet during northern B.C. tour: hereditary chief

Na’moks said he was frustrated Horgan didn’t meet with the chiefs

BC Green Party leader visits Wet’suwet’en camps at heart of pipeline conflict

Adam Olsen calls for better relationship between Canada and First Nations

Calls for dialogue as Coastal GasLink pipeline polarizes some in northern B.C.

Coastal GasLink is building the 670-kilometre pipeline from British Columbia’s northeast to Kitimat on the coast

Water movement increased in Houston reservoirs

Measure in response to 2019 boil water notice

VIDEO: Soldiers trade rifles for snow shovels to help dig out St. John’s

A state of emergency is set to extend into a fifth day

Warm ‘blob’ could be behind mass starvation of North Pacific seabirds: study

Unprecedented death toll raises red flag for North American marine ecosystems

ICBC to bring in ranking system for collision, glass repair shops

Change comes after the much-maligned auto insurer has faced criticism for sky-high premiums

‘It was just so fast’: B.C. teen recalls 150-metre fall down Oregon mountain

Surrey’s Gurbaz Singh broke his leg on Mount Hood on Dec. 30

B.C. woman crowned the fastest female marathon runner in Canadian history

Malindi Elmore ran an incredible 2:24:50 at the Houston Marathon

Alberta bulldog breeder ordered to refund B.C. buyer over puppy’s behaviour

Tribunal ruled a verbal agreement to send a new dog superseded the written contract

Man dies in backcountry near Nelson’s Whitewater Ski Resort

The victim was found unresponsive in a tree well Friday

Cariboo Memorial Hospital on the mend after cold weather wreaks havoc

Burst pipes and water leaks cause three different incidents

Most Read