https://pjmedia.com/david-solway-2/2025/05/09/separation-or-collapse-which-comes-first-n4939639
The province of Alberta has a legitimate grievance with the ROC (Rest of Canada).
According to the Canadian Taxpayers Federation, since the inception of Canada’s equalization program in 1957, which sees the wealthier provinces subsidizing their less fortunate counterparts, Alberta has made a net contribution of $67 billion, $2.9 billion alone in 2021 — which in turn represents only a portion of the province’s immense financial contribution to federal coffers and the governments and residents of other provinces.
The Fraser Institute notes that the equalization drain represents “just a small part of the province’s outsized contribution to confederation in recent years.” It calculates that “the gap between Albertans’ contribution to federal revenues and federal expenditures plus transfers to the province, totalled $20.5 billion annually in 2017/18. And this measure excludes Albertans’ disproportionate cumulative contribution to the Canada Pension Plan, which on net totalled $2.9 billion in 2017.”
Albertans had voted in a referendum to abolish the system of equalization payments to other provinces. Speaking of transfer payments, it was former Premier Jason Kenney who made that issue a referendum question. Alberta voted yes, an affirmative totally ignored by Ottawa and the rest of the country.
Meanwhile, the Liberals are doing everything in their power to eviscerate Alberta’s energy industry, the source of its prosperity and a major contributor to Canada’s overall solvency, by shutting down pipeline projects, banning tanker activity along the coast of British Columbia, and levying anti-emission, net-zero protocols designed to strangle the province’s economic output. The cognitive dissonance is appalling.
Obviously, it is not only Alberta and Saskatchewan that are at risk, but the rest of the country as well, as the Liberal administration under Mark Carney moves to effectively collapse the country’s economic output. Venezuela, Zimbabwe, Sri Lanka, and now the UK are the models for a Canadian makeover. Debt, deficit, money printing, and capital flight are the inevitable results of the net-zero fantasy. Canada is intent on committing economic suicide.
As emeritus professor of economics Steve Ambler points out, “Private investment in Canada was already hemorrhaging under the Trudeau administration. Even larger federal deficits under the new Liberal administration, and its continued emphasis on managing the economy from the top down by administrative fiat, will not improve the situation. Instead, investment funds will continue to migrate to the US where tax rates and the business climate in general are more advantageous.” Indeed, an internal government report from Policy Horizons Canada warns of a “near-collapse of Canada’s economy, trigger[ing] a mental health crisis and more grassroots approaches to housing and food—including families foraging and hunting wildlife for food.”