Each Albertan would save up to $2,850 in 2027, the first year of the hypothetical Alberta plan.
The board's investment strategy includes pushing society towards “net-zero” carbon emissions.
For ESG to accomplish the environmental objectives championed by advocates, it must reduce investor returns.
Canada has the fifth-highest level of total indebtedness (relative to the size of our economy) among 29 industrialized countries.
Unlike an RRSP or TFSA, the CPP does not allow Canadians to withdraw money early.
Albertans contributed $2.9 billion more to the CPP than they consumed in 2017.
The CPP investment board has more than 1,800 employees, mostly in Toronto.
It’s close, but assets do exceed liabilities.