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  #1  
Old 01-03-2024, 02:54 PM
HyperMOA HyperMOA is offline
 
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Default Now I get to pay CPP2 and people are scared of an APP

Yep the ol CPP is gonna rise by $113 this year. Then I am lucky enough to pay an additional $301 for CPP2. Of which I haven’t found much info about; my guess is I see no net benefit to this. You better believe both CPPs will continue to rise each year too. I don’t understand why so many are so scared to get Ottawa out of their grips.

I wish we could get a provincial EI. That is the biggest waste of money in my entire life. But it helps to pay the carbon-tax-free east-coast bills. You are welcome maritimers, from Alberta.

😄😄😄 OK my rant is over. The CPP2 really rubbed me the wrong way. 😄😄
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  #2  
Old 01-03-2024, 03:25 PM
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BuckCuller BuckCuller is offline
 
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Default Control.

Quote:
Originally Posted by HyperMOA View Post
Yep the ol CPP is gonna rise by $113 this year. Then I am lucky enough to pay an additional $301 for CPP2. Of which I haven’t found much info about; my guess is I see no net benefit to this. You better believe both CPPs will continue to rise each year too. I don’t understand why so many are so scared to get Ottawa out of their grips.

I wish we could get a provincial EI. That is the biggest waste of money in my entire life. But it helps to pay the carbon-tax-free east-coast bills. You are welcome maritimers, from Alberta.

😄😄😄 OK my rant is over. The CPP2 really rubbed me the wrong way. 😄😄

Yes it won’t be long before we pay the government everything that we make for the privilege of having a job.Then the government will give you credits to buy the necessities.
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  #3  
Old 01-03-2024, 03:27 PM
badbrass badbrass is offline
 
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This one.
https://www.google.ca/url?sa=t&rct=j...B&opi=89978449
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  #4  
Old 01-03-2024, 03:40 PM
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58thecat 58thecat is offline
 
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A good read.

https://www.investmentexecutive.com/...eady-for-cpp2/


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  #5  
Old 01-03-2024, 04:07 PM
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whitetail Junkie whitetail Junkie is offline
 
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In spite I’m all for an APP over CPP even if in the long run it hurts me financially as I don’t Care because it’s obviously us against them as the only good thing that’s coming out of eastern Canada right now is the Sun.
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  #6  
Old 01-03-2024, 04:33 PM
HyperMOA HyperMOA is offline
 
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Quote:
Originally Posted by whitetail Junkie View Post
In spite I’m all for an APP over CPP even if in the long run it hurts me financially as I don’t Care because it’s obviously us against them as the only good thing that’s coming out of eastern Canada right now is the Sun.
Agreed
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  #7  
Old 01-05-2024, 07:19 PM
FishHunterPro FishHunterPro is offline
 
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Quote:
Originally Posted by whitetail Junkie View Post
In spite I’m all for an APP over CPP even if in the long run it hurts me financially as I don’t Care because it’s obviously us against them as the only good thing that’s coming out of eastern Canada right now is the Sun.
100% agree
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  #8  
Old 01-05-2024, 08:33 PM
roper1 roper1 is offline
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Albertan's just lost 1.3 bil on Keystone, 102 mil of 1988 $$ on Magcan that ballooned to 163mil. 1988 dollars.

This, after, in true excellent business meddling by gov't, after they told us we're getting 334 bil worth of CPP cash.........and they'll be controlling the purse strings??? Oh wait, it's Ok if we go broke, they're one of us.

Ummm, ahem , that's good old local Con Ab gov'ts, not the big meanies down east sucking our money. To say nothing if Rach happened to win the next provincial election. Yessir, then we bitchen about Jag instead of Justin.

As I've said 6 times on here, I was a huge APP proponent until they fudged the numbers..........
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  #9  
Old 01-05-2024, 09:15 PM
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Quote:
Originally Posted by roper1 View Post
Albertan's just lost 1.3 bil on Keystone, 102 mil of 1988 $$ on Magcan that ballooned to 163mil. 1988 dollars.

This, after, in true excellent business meddling by gov't, after they told us we're getting 334 bil worth of CPP cash.........and they'll be controlling the purse strings??? Oh wait, it's Ok if we go broke, they're one of us.

Ummm, ahem , that's good old local Con Ab gov'ts, not the big meanies down east sucking our money. To say nothing if Rach happened to win the next provincial election. Yessir, then we bitchen about Jag instead of Justin.

As I've said 6 times on here, I was a huge APP proponent until they fudged the numbers..........
Roper1, I am going to have to correct you yet again. Who fudged the numbers? And what are the real numbers then? The Ab gov. contracted LifeWorks for a report and they quoted the numbers from that report:

https://open.alberta.ca/dataset/8453...ns-2023-08.pdf

Where are the actual numbers then? Chrystia Freeland sure seems to be taking her time commissioning the "real" numbers from the CPP administration which should be on hand immediately. How do they know what numbers to put on the current CPP cheques across this country now if those numbers are not on hand to the penny. The CPP sure seemed to jump to action to put TV ads up pumping their tires though, something they have never done before.
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  #10  
Old 01-03-2024, 04:09 PM
elkhunter11 elkhunter11 is offline
 
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Trudeau will take more now, with the promise of paying out more later. The question is, will there actually be anything left to pay out, after Trudeau is done?
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  #11  
Old 01-03-2024, 04:33 PM
HyperMOA HyperMOA is offline
 
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Neither of those articles say anything of relevance. Find me some info about 10 years of CPP2 vs what I will receive. I can’t find it. Its just to subsidize the East. Bring on the APP.
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  #12  
Old 01-03-2024, 04:49 PM
tranq78 tranq78 is offline
 
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Quote:
Originally Posted by HyperMOA View Post
Neither of those articles say anything of relevance. Find me some info about 10 years of CPP2 vs what I will receive. I can’t find it. Its just to subsidize the East. Bring on the APP.
If APP is such a bad idea according to Ottawa and Rest of Canada, then why are they shrieking blue bloody murder and coming out wirh all the hit pieces in the media?

If APP is bad for Alberta they wouldn"t say a thing. In fact Ottawa an RoC would push us out.

I don't like paying CPP2.0 either. Gimme APP.



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  #13  
Old 01-22-2024, 11:52 PM
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300magman 300magman is offline
 
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Quote:
Originally Posted by tranq78 View Post
If APP is such a bad idea according to Ottawa and Rest of Canada, then why are they shrieking blue bloody murder and coming out wirh all the hit pieces in the media?

If APP is bad for Alberta they wouldn"t say a thing. In fact Ottawa an RoC would push us out.

I don't like paying CPP2.0 either. Gimme APP.



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Yes sir, exactly
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  #14  
Old 01-03-2024, 05:51 PM
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Who Da Fisherman Who Da Fisherman is online now
 
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Quote:
Originally Posted by HyperMOA View Post
Neither of those articles say anything of relevance. Find me some info about 10 years of CPP2 vs what I will receive. I can’t find it. Its just to subsidize the East. Bring on the APP.
I’m in the same boat and would like to know today vs 10yrs from now rate of return.
WDF
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  #15  
Old 01-03-2024, 07:06 PM
Unregistered user Unregistered user is offline
 
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The liebs have lied about everything, so obviously APP will be a great boon for Alberta.
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  #16  
Old 01-03-2024, 04:52 PM
I’d rather be outdoors I’d rather be outdoors is offline
 
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Quote:
Originally Posted by elkhunter11 View Post
Trudeau will take more now, with the promise of paying out more later. The question is, will there actually be anything left to pay out, after Trudeau is done?
I figure we’ll need a CPP scam version 3 by then.

Bring on the APP!
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  #17  
Old 01-05-2024, 07:16 PM
FishHunterPro FishHunterPro is offline
 
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Thumbs up

.......
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  #18  
Old 01-03-2024, 09:37 PM
trailraat trailraat is offline
 
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I've been saying this from the start. CPP2 is to fund all of the unfunded liabilities in the program. If they weren't worried about losing their cash cow in Alberta they wouldn't be complaining so loudly.
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