Flawed analysis behind Alberta's CPP exit proposal, says Ottawa

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks during a panel on the fourth day of the annual meeting of the IMF and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File Photo

OTTAWA (Reuters) - Canadian Finance Minister Chrystia Freeland said on Tuesday she will seek to challenge oil-producing province of Alberta's proposal to withdraw from the Canada Pension Plan (CPP) in a meeting with provincial and territorial counterparts on Friday.

"I would like to specifically speak to the flaws underlying Alberta's proposed exit formula," Freeland said in a letter to set up the meeting with regional finance ministers.