06/05/2026
‘People need to understand what it would be to set up a fully functional national government from scratch,’ says the premier, whose government is preparing a report on the cost of leaving Canada.
By Rick Bell | National Post
Alberta Premier Danielle Smith drops a political bomb, a financial bomb, a bomb dropped on the separatist assumptions of way more gain than pain by Alberta leaving Canada and striking out on its own.
Almost $400 billion in start-up costs to set up an independent Alberta. Roughly $80,000 for every Albertan.
Somewhere between $25 billion and $50 billion in yearly costs. Roughly up to $10,000 for every Albertan.
Year after year after year.
Look at a dictionary and this is the definition of eye-popping. This is not the definition of the land of milk and money.
The Smith government is preparing a report looking at the price tag on leaving Canada.
Smith is all in for the Remain in Canada side of the referendum fight leading to a vote on Oct. 19.
The Alberta premier hopes the facts and figures will be out by August.
She’s already spoken with the government’s new budget boss who is not known as a guy who lets sleeping dogs lie.
Smith adds Trevor Tombe, the oft-quoted economist, has already done some back-of-the-envelope calculations.
While we wait for all the arithmetic Smith rolls out the independence math she has at hand.
She reads it off like a laundry list, a hugely expensive laundry.
There’s Alberta’s share of the national debt.
Alberta’s military spending needed to be part of the NATO alliance.
Border stations at the borders with B.C. and Saskatchewan.
Renegotiating a long list of trade agreements and setting up trade offices.
Establishing a post office.
Regulating telecommunications, banking, railways.
“As you see it’s a pretty extensive list,” says Smith.
And what does the cash register show?
Payment due. Hundreds of billions of dollars.
That’s billions with a B.
When Smith says she is doubling down on Canada she means it.
Rolling out the monster tab shows how determined the premier is to having the stay in Canada side win the vote in October.
“People need to understand what it would be to set up a fully functional national government from scratch,” says the premier.
“I think people just need to look at the facts and see whether what is being proposed is realistic.
“I think it’s responsible for us to be very forthright about the costs associated with what is proposed here so people can make an informed decision.
“I hope that decision is to remain in Canada.”
You can almost hear the roar of disapproval from the social media voices of the Alberta independence movement.
They were already ticked off.
Smith didn’t give them a Yes/No vote on independence and they don’t buy the premier’s explanation that the separatist referendum petition being tied up in the courts means she can’t put the Yes/No vote on the October ballot.
Some are working to dump her as UCP leader and premier.
So Smith’s latest listing of Alberta independence expenses will enrage them more.
Smith soldiers on. The premier mentions again how she will vote for Alberta to remain in Canada.
She talks about how Brexit, pulling the United Kingdom out of the European Union, didn’t work out the way the Brexit backers anticipated.
Once again, Smith says the independent Republic of Alberta will have to negotiate all new trade deals, including with the Americans and the Europeans.
“That will cause a disruption in the economy.”
“Presumably we’d have tariffs on all of our goods.
“If your reject your allies then they reject you. I think we have to be realistic about what we would be looking for in dollars and cents.”
Smith again adds she is supporting Alberta remaining in Canada.
She uses the word of the day one more time. The premier obviously feels the word bears repeating.
Realistic.
“We want to be very realistic what kind of costs and inconveniences people would have in their life if they decided to vote otherwise.”
To vote to go down the road to independence.
So there is the report where the details of the gobsmacking price to be paid for Alberta independence will be rolled out.
“It can’t be done overnight,” says Smith.
“We want it out in time for people to have enough time to digest it before the vote.”
The vote in October.
By the way, Smith also isn’t sure citizens of an independent Alberta will get to keep a Canadian passport.
"Danielle Smith in 2011" by Dave Cournoyer is licensed under CC BY-SA 2.0.
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