Alberta picks university to cost out separation ahead of referendum

The Alberta government has commissioned the University of Calgary to conduct a cost analysis for the province's potential secession from Canada. This move is part of the lead-up to a referendum scheduled for October 19, where Albertans will decide whether to remain part of Canada or initiate the process toward separation.

An expert advisory panel has been established to scrutinize the university's findings and offer its own assessment. The panel comprises individuals with diverse backgrounds, including two former politicians, an economist, and several business leaders, ensuring a range of perspectives. The government stated that their involvement would incorporate differing viewpoints on the complex issue.

The university's report is expected to detail estimated transition costs, economic impacts, associated risks, and potential savings related to separation. Premier Danielle Smith has previously estimated that leaving Confederation could cost Alberta $400 billion, with an annual price tag of up to $50 billion. The findings are slated for public release prior to the referendum vote.