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Explainer: What is Alberta's Sovereignty Act?
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +4 min
Below are some key aspects of the act:WHAT IS THE ALBERTA SOVEREIGNTY ACT? Alberta Sovereignty Within a United Canada Act was approved by the legislature in December 2022 after the initial bill was diluted to its current form. The act affirmed that the Alberta legislature, not Smith's cabinet, would have the last word on lawmaking. The Sovereignty Act was one of the most eye-catching policies Smith promised to introduce after becoming premier last year. Former conservative premier Jason Kenney has blasted the Alberta Sovereignty Act as a "full-frontal attack on the rule of law" that risked turning Alberta into a "banana republic".
Persons: Danielle Smith, Todd Korol, Justin Trudeau's, Smith, " Smith, Trudeau, Jason Kenney, Denny Thomas, Rod, Deepa Babington, Aurora Ellis Organizations: Calgary Stampede, REUTERS, Smith's United Conservative Party, Liberal, ACT, Alberta, United, First Nations, Ottawa, federal National Energy Program, Wildrose Party, Reuters, Former, Thomson Locations: Alberta, Calgary , Alberta, Canada, ALBERTA, United Canada, Saskatchewan, Alberta . Alberta, Ottawa
"I believe that an Alberta pension plan would be fairer," Premier Danielle Smith told a news conference on Thursday. However, he noted the pension respects the right of Albertans to consider withdrawing from the Canada Pension Plan. Albertans will have until spring 2024 to submit views on a provincial pension plan to a panel, which will submit a report to the Albertan government. Former Premier Jason Kenney announced in June 2020 that his government would study a recommendation from a panel to replace the CPP with a provincial plan. Any province has the right to withdraw under the Canada Pension Plan Act but written notice is required, enabling legislation has to be passed and the value of assets to be transferred must be negotiated.
Persons: Danielle Smith, Todd Korol, LifeWorks, Smith, Michel Leduc, Albertans, Chrystia Freeland, Premier Jason Kenney, Maiya Keidan, Steve Scherer, Barbara Lewis, Josie Kao Organizations: United Conservative Party, REUTERS, Rights, Canada, Global, Public Affairs, Communications, Investments, Plan . Finance, Premier, CPP, Investment Board, Thomson Locations: Calgary , Alberta, Canada, Canadian, Alberta, Ottawa, Province of Alberta, Quebec
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