Alberta
Alberta First needs 270,000 Albertans to sign petition, initiate referendum on Pension Plan
New release from Alberta First
The cost of running the CPP has increased a thousandfold since 2000. In 2000, costs were 4 million dollars; currently, they amount to 4.4 billion dollars.
Every Albertan can play a part in ensuring prosperity for generations to come.The Alberta First Pension Plan team strongly believes that the Alberta Pension Plan is a sensible choice. This belief comes after extensive discussions with thousands of Albertans and a deep understanding of the law and the facts. Our responsibility is to ensure that this understanding is shared with every voting Albertan. The Alberta Pension Plan has been a topic of debate, with supporters and opponents expressing their opinions on its potential impact. As a team of dedicated Albertans, the Alberta First Pension Plan team, guided by numerous esteemed professionals across the province, is committed to providing the facts to all Albertans. We support the idea that establishing an Alberta Pension Plan would give Alberta more control and independence over managing the investment funds and the ability to cut the high management fees Canadians pay to the CPP Investment Board. It has the potential to offer greater benefits and lower contributions than the existing Canada Pension Plan. An Alberta Pension Plan would address the unique needs of Albertans and contribute to economic development and financial security. To find reports, videos, and information on the Alberta Pension Plan, you can CLICK HERE. Many who oppose it are worried about the costs and complexities of setting up a separate pension plan for Alberta. They fear higher fees and lower benefits for Albertans than the Canada Pension Plan. Additionally, they are concerned about the economic impact and, most importantly, the Alberta government’s potential interference in fund management. It is essential to consider both perspectives when comparing the Alberta Pension Plan with the Canada Pension Plan. This allows Albertans to make an informed decision. While there are valid concerns, citizens can address these by staying actively involved and acting as watchdogs over the provincial government. Here are the top three concerns regarding moving to an Alberta Pension Plan: “Higher costs to manage an Alberta Penson Plan” Alberta is home to some of the most competent individuals in the financial industry. To ensure cost-effective management, Alberta could consider adopting several models from around the world. The cost of running the CPP has increased a thousandfold since 2000. In 2000, costs were 4 million dollars; currently, they amount to 4.4 billion dollars. “My benefits will be negatively affected.” As per the CPP Act, Section 3 (1), residents of Alberta must receive, at minimum, the same benefit they received under the CPP for a province to withdraw and create their own. “The Alberta Government will mismanage the fund.” The fear of the government mismanaging money is a valid concern. As Albertans, we must ensure that the Alberta Pension Plan is managed independently, with the sole mandate of maximizing profit and mitigating risk to the fund. We must be vocal and involved in the decision-making process to shape the future of our pension system. What do we need to do?Our first step is to initiate a referendum. The Alberta Government will only proceed with the referendum if there is significant support from Albertans.
This will mark an outstanding achievement, demonstrating Albertans’ determination to secure a prosperous future for all generations.
OUR PENSION! OUR CHOICE! |
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Alberta
B.C. would benefit from new pipeline but bad policy stands in the way
From the Fraser Institute
By Julio Mejía and Elmira Aliakbari
Bill C-69 (a.k.a. the “no pipelines act”) has added massive uncertainty to the project approval process, requiring proponents to meet vague criteria that go far beyond any sensible environmental concerns—for example, assessing any project’s impact on the “intersection of sex and gender with other identity factors.”
In case you haven’t heard, the Alberta government plans to submit a proposal to the federal government to build an oil pipeline from Alberta to British Columbia’s north coast.
But B.C. Premier Eby dismissed the idea, calling it a project imported from U.S. politics and pursued “at the expense of British Columbia and Canada’s economy.” He’s simply wrong. A new pipeline wouldn’t come at the expense of B.C. or Canada’s economy—it would strengthen both. In fact, particularly during the age of Trump, provinces should seek greater cooperation and avoid erecting policy barriers that discourage private investment and restrict trade and market access.
The United States remains the main destination for Canada’s leading exports, oil and natural gas. In 2024, nearly 96 per cent of oil exports and virtually all natural gas exports went to our southern neighbour. In light of President Trump’s tariffs on Canadian energy and other goods, it’s long past time to diversify our trade and find new export markets.
Given that most of Canada’s oil and gas is landlocked in the Prairies, pipelines to coastal terminals are the only realistic way to reach overseas markets. After the completion of the Trans Mountain Pipeline Expansion (TMX) project in May 2024, which transports crude oil from Alberta to B.C. and opened access to Asian markets, exports to non-U.S. destinations increased by almost 60 per cent. This new global reach strengthens Canada’s leverage in trade negotiations with Washington, as it enables Canada to sell its energy to markets beyond the U.S.
Yet trade is just one piece of the broader economic impact. In its first year of operation, the TMX expansion generated $13.6 billion in additional revenue for the economy, including $2.0 billion in extra tax revenues for the federal government. By 2043, TMX operations will contribute a projected $9.2 billion to Canada’s economic output, $3.7 billion in wages, and support the equivalent of more than 36,000 fulltime jobs. And B.C. stands to gain the most, with $4.3 billion added to its economic output, nearly $1 billion in wages, and close to 9,000 new jobs. With all due respect to Premier Eby, this is good news for B.C. workers and the provincial economy.
In contrast, cancelling pipelines has come at a real cost to B.C. and Canada’s economy. When the Trudeau government scrapped the already-approved Northern Gateway project, Canada lost an opportunity to increase the volume of oil transported from Alberta to B.C. and diversify its trading partners. Meanwhile, according to the Canadian Energy Centre, B.C. lost out on nearly 8,000 jobs a year (or 224,344 jobs in 29 years) and more than $11 billion in provincial revenues from 2019 to 2048 (inflation-adjusted).
Now, with the TMX set to reach full capacity by 2027/28, and Premier Eby opposing Alberta’s pipeline proposal, Canada may miss its chance to export more to global markets amid rising oil demand. And Canadians recognize this opportunity—a recent poll shows that a majority of Canadians (including 56 per cent of British Columbians) support a new oil pipeline from Alberta to B.C.
But, as others have asked, if the economic case is so strong, why has no private company stepped up to build or finance a new pipeline?
Two words—bad policy.
At the federal level, Bill C-48 effectively bans large oil tankers from loading or unloading at ports along B.C.’s northern coast, undermining the case for any new private-sector pipeline. Meanwhile, Bill C-69 (a.k.a. the “no pipelines act”) has added massive uncertainty to the project approval process, requiring proponents to meet vague criteria that go far beyond any sensible environmental concerns—for example, assessing any project’s impact on the “intersection of sex and gender with other identity factors.” And the federal cap on greenhouse gas (GHG) emissions exclusively for the oil and gas sector will inevitably force a reduction in oil and gas production, again making energy projects including pipelines less attractive to investors.
Clearly, policymakers in Canada should help diversify trade, boost economic growth and promote widespread prosperity in B.C., Alberta and beyond. To achieve this goal, they should put politics aside, focus of the benefits to their constituents, and craft regulations that more thoughtfully balance environmental concerns with the need for investment and economic growth.
Alberta
Alberta introduces bill allowing province to reject international agreements
From LifeSiteNews
Under the proposed law, international treaties or accords signed by the federal government would not apply in Alberta unless approved through its own legislation.
Alberta’s Conservative government introduced a new law to protect “constitutional rights” that would allow it to essentially ignore International Agreements, including those by the World Health Organization (WHO), signed by the federal Liberal government.
The new law, Bill 1, titled International Agreements Act and introduced Thursday, according to the government, “draws a clear line: international agreements that touch on provincial areas of jurisdiction must be debated and passed into law in Alberta.”
Should the law pass, which is all but certain as Alberta Premier Danielle Smith’s Conservatives hold a majority government, it would mean that any international treaties or accords signed by the federal government would not apply in Alberta unless approved through its own legislation.
“As we return to the legislature, our government is focused on delivering on the mandate Albertans gave us in 2023 to stand up for this province, protect our freedoms and chart our path forward,” Smith said.
“We will defend our constitutional rights, protect our province’s interests and make sure decisions that affect Albertans are made by Albertans. The federal government stands at a crossroads. Work with us, and we’ll get things done. Overstep, and Alberta will stand its ground.”
According to the Alberta government, while the feds have the “power to enter into international agreements on behalf of Canada,” it “does not” have the “legal authority to impose its terms on provinces.”
“The International Agreements Act reinforces that principle, ensuring Alberta is not bound by obligations negotiated in Ottawa that do not align with provincial priorities,” the province said.
The new Alberta law is not without precedent. In 2000, the province of Quebec passed a similar law, allowing it to ignore international agreements unless approved by local legislators.
The Smith government did not say which current federal agreements it would ignore, but in theory, it could apply to any agreement Canada has signed with the United Nations or the WHO.
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