Even if we talk about mere separation, this can and will absolutely destroy Alberta even if it is “successful” - the lack of credit history as a country will by itself cause epic hyperinflation and a near-complete collapse in government spending of any kind for the two or three decades it needs to build that credit history.
Businesses - especially small and medium ones - will flee the new country, as they require stable political and financial environments in order to flourish. Only large corporations will flourish as they capture and control the entire political process to benefit only themselves via kleptocracy.
Plus, all resources will auto-revert back to the Canadian government, forcing Alberta to buy everything at current market values in order to do anything beyond the top 12 inches of topsoil.
Additionally, native treaties can and will tie everything up in the courts for decades, causing Alberta to spend untold millions to sort it out… if it even ends up being successful at doing so.
Finally, it can no longer bully the rest of Canada into allowing it to have environmentally risky oil pipes across our land. BC could shut down all such pipes at a moment’s notice for whatever reason, and Alberta would be at our mercy unless it could airlift the oil out.
Any kind of a split is just a financial bait-and-switch by the hyper wealthy to disenfranchise the working class. They want to put trickle-up-economics on steroids.
This is nuts.
Even if we talk about mere separation, this can and will absolutely destroy Alberta even if it is “successful” - the lack of credit history as a country will by itself cause epic hyperinflation and a near-complete collapse in government spending of any kind for the two or three decades it needs to build that credit history.
Businesses - especially small and medium ones - will flee the new country, as they require stable political and financial environments in order to flourish. Only large corporations will flourish as they capture and control the entire political process to benefit only themselves via kleptocracy.
Plus, all resources will auto-revert back to the Canadian government, forcing Alberta to buy everything at current market values in order to do anything beyond the top 12 inches of topsoil.
Additionally, native treaties can and will tie everything up in the courts for decades, causing Alberta to spend untold millions to sort it out… if it even ends up being successful at doing so.
Finally, it can no longer bully the rest of Canada into allowing it to have environmentally risky oil pipes across our land. BC could shut down all such pipes at a moment’s notice for whatever reason, and Alberta would be at our mercy unless it could airlift the oil out.
Any kind of a split is just a financial bait-and-switch by the hyper wealthy to disenfranchise the working class. They want to put trickle-up-economics on steroids.