The Business Council of Alberta urges a vote for Canada as cost estimates circulate
The Business Council of Alberta, which speaks for more than 130 chief executives, urged voters to choose Canada. Its president, Adam Legge, said Alberta needs leverage for 'more fairness in the federation'. He called marking Option 2 as a message to Ottawa 'a pretty risky gamble, one that is not consequence-free'. The business council said separating could raise mortgage and loan costs and affect home values. Legge also contributed to the Canada West Foundation report that put set-up costs at $200 billion. Keith Wilson, a lawyer and co-lead of the Alberta Transition Council, which advocates independence, had argued that Alberta would negotiate from strength. 'They cannot relocate our natural resources, our expansive agricultural production, our oil and gas,' he said. A government-commissioned University of Calgary cost study was expected in the weeks after September 8, 2026.
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A council that speaks for more than 130 chief executives took a public side. Every cost figure in circulation was an estimate of an event that has not happened.
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Two published estimates put the cost of separation in the hundreds of billions of dollars. The Canada West Foundation, whose report argues against separation, estimated set-up costs of $200 billion, with ongoing costs of more than $50 billion a year. Premier Danielle Smith said in summer 2026 that beginning the transition could cost up to $400 billion. The Alberta Transition Council's plan gives no figure and says its costing will be published separately.
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Alberta Transition Council
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The Alberta Transition Plan: A Practical Analysis of Alberta's Transition from Province to Independent Country
albertatransitioncouncil.comRead original source (opens in a new tab)
Introduction; Executive Summary; Research Note and Contributors; chapters 2, 8, 9, 10, 11 and 27; the council's home page
