Only thirty-three percent of Albertans are covered by a workplace pension plan, a rate below the national average. And with the number of retirees set to spike as the baby boomers leave the workforce, pressure on the Canada Pension Plan is growing.
Federal Finance Minister Jim Flaherty wants to expand Canada's pension strategy, but his Alberta counterpart says our province would prefer to help Albertans save on their own.
When you want to retire, will you have enough cash? Or do Albertans need a retirement boost? And should that boost come from government?
Joining us for the debate is Gil McGowan, president of the Alberta Federation of Labour, and Alan Caplan, a retired financial planner and personal finance columnist with the Edmonton Sun.Federation.
Alberta Primetime, June 29, 2010
See the debate here: