Alberta Separation Estimated to Cost Up to $170 Billion

A recent report commissioned by the Alberta government has revealed that separating from Canada could cost up to $170 billion and require 70,000 civil servants. The report, conducted by the University of Calgary's School of Public Policy, highlights the complexities involved in creating a new country, including building new infrastructure, managing trade relationships, and negotiating with First Nations.

The report states that even under favorable conditions, achieving a fully functioning new country could take several years and entail significant costs. Separation would also result in a shock to the Alberta economy, leading to lower output and an annual budget deficit of over $30 billion.

Alberta Premier Danielle Smith's government commissioned the report as part of their efforts to inform residents about the potential consequences of separation. Finance Minister Jason Nixon emphasized that the costs outlined in the report underscore why the province is urging voters to remain within Canada, stating, 'Alberta's government has always been clear: we support a strong and sovereign Alberta within a united Canada.'

The referendum on whether to leave Canada will take place on October 19. Polls have consistently suggested that a large majority of Albertans want to stay in Canada.