(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

Just Posted

Concert raised funds for Agur Lake Camp

Tim Nutt was headline act at Comedy Night Fundraiser in Summerland

Summerland music promoter wins national award

Paul Biro honoured at 2019 CCMA Awards in Calgary

PET OF THE WEEK: Teddy wants a quiet home of his own

Older cat enjoys evenings spent binge-watching Bonanza

Fill a bag and help those in the South Okanagan in need

The annual B.C. Thanksgiving Food Drive takes place this week in Penticton and Summerland

‘I shouldn’t have done it,’ Trudeau says of brownface photo

Trudeau says he also wore makeup while performing a version of a Harry Belafonte song

35 of 87 dogs in 2018 Williams Lake seizure were euthanized due to behavioural issues, BCSPCA confirm

The dogs did not respond to the behaviour modification and remained terrified of humans

Vernon race organizer head-butted by homeless man won’t be stopped

Man arrested after allegedly stealing race flags, assaulting woman in Kalamalka Lake park

Penticton man with multiple driving infractions loses appeal on ‘harsh’ sentence

Driver has been convicted multiple times, including for criminal negligence causing death

B.C. ‘tent city’ disputes spark call for local government autonomy

UBCM backs Maple Ridge after province overrules city

WHL action returns to Okanagan, Rockets GM anxious for season’s start

Big off-season changes, the Memorial Cup; it’s all coming together for Bruce Hamilton

B.C. drug dealers arrested after traffic stop near Banff turns into helicopter pursuit

Antonio Nolasco-Padia, 23, and Dina Anthony, 55, both well-known to Chilliwack law enforcement

Most Read