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Lise Mayne's avatar

This list pretty much covers it all. No wonder our heads are popping off. I would only add that we don't want AIMCO taking our teachers' pensions and sending them nose-diving, after years of careful management where we were finally ahead! The list is long, sad and depressing. I hope we see changes soon, due to public pressure, petitions and recalls.

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Keith Williams's avatar

When I first heard about Alberta wanting to create an Alberta Pension Plan and they calculated that they were due over 50% of the value of CPP I thought that's ridiculous. First, not everyone in Alberta intends to retire there, so why should their retirement funds be under the control of the APP? Second, why should CPP give them anything at all? CPP does a good job of delivering retirement funds to Canadians around the world so let CPP do it's job! Third, Steven Harper is in charge of the Alberta provincial employees pension plan and would probably be in charge of the APP and he managed to deliver deficit budgets for all but one when he was PM, so why would you trust him to do better now? I am sure there are better reasons for not setting up the APP, but those are the winners for me.

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