Head of CPP pitches benefits to Albertans | CityNews Calgary

The head of CPP Investments says Albertans shouldn’t wish to lose the advantages of the Canada Pension Plan.

CEO John Graham, who leads the skilled group that manages the Canada Pension Plan Fund, made the pitch to a Calgary business crowd Tuesday.

He mentioned there’s a robust business and public coverage case for Albertans to stick with what he referred to as a longtime international funding fund with a confirmed observe document.

He mentioned as a big fund, the Canada Pension Plan presents the advantage of threat pooling and diversification, which helps it climate financial downturns and altering demographics.

WATCH: Alberta receives warning letter about CPP exit

He added the CPP can be transportable, which means Albertans can take their pension with them in the event that they select to retire out-of-province. 

Under Premier Danielle Smith, Alberta is looking at a plan for the province to exit the Canada Pension Plan and arrange its personal provincial various.