Some rough numbers:
BLUF: APP is selling an absolute fairy tale, the numbers don't work. Either they know that- or they don't.
From the
Provinces 2025-2026 Estimate:
$74B in total Revenenue - ~28.8B from Provincial Tax, 17B Resource Royalty*, 13.3B from Federal Government**
*Based on WTI at 68, currently at 63
** Disappears if own country
Against that, the province is budgeting 79B in expenses- a $5B deficit.
Spot Check- 5B dollar deficit, less 13.3B in forgone transfers = 18.3B dollar deficit.
BUT- that's not taking into account Federal income tax. According to
this - 28.3B in 2023, should be higher now. Reallocate that money to RoA coffers, you wipe out the deficit, with 10B to spare. Huzzah!
BUTBUT- people feel entitled to their entitlements. CCB
shows $3.8B from 2023-2024 (also growing). National estimates put the 2023 OAS cost at 77.8B. Records show December 2023 Alberta had 645k of 7.1M total claimants, ~9%. Rough numbers puts that at $7B. That's 10.8B in a non-exhaustive list of transfers to Albertan
individuals not captured in the Provincial budget.
Oops. There goes the spare cash, we're back in a deficit position by .8B, and haven't looked after any of those pesky sovereign responsibilities formally under Canada's jurisdiction- Armed Forces etc. Not to mention EI and the like.
BUTBUTBUT- I'm missing something... Oh yes.
"....an independent Alberta with no regulations from Ottawa or eastern Canadian interests,
lower provincial taxes plus no federal taxes."
Sooo.... who needs that 28.3B in formerly Canadian income tax. Who needs the full 28.8 Billion in Provincial income tax. So lets take 30-40B of a RoA budget that's already in a deficit position without an Army, Airforce, EI, or any of the other Federal departments, agencies, and services Alberta is currently covered by. That's completely sustainable because we're going to double oil output within 5 years (trust me, it'll work). Assuming doubling output doubles royalties, take 17B, carry the one... shit. Still in a deficit position by 20+ Billion dollars.
Fucking snakeoil. The gap can't be bridged without cuts to insane degree. These people need to be honest to Albertans about what they want them to vote for.