Restoring stability is at forefront of G7 finance ministers' 3-day meeting in Alberta
Finance Minister François-Philippe Champagne says there's a sense of unity after emerging from a summit with his G7 counterparts. The group of finance ministers and central bankers gathered this week in Banff, Alta., ahead of the G7 leaders' summit set for next month in nearby Kananaskis.
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Don Braid: Smith's warnings about Alberta separatism is really about keeping UCP in power
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9 hours ago
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National Post
9 hours ago
- National Post
Don Braid: Smith's focus on Alberta separatism is all about keeping the UCP in power
Separatism is no threat to Alberta, or the federal government, or Canada itself. Article content But it is an enormous threat to Premier Danielle Smith and her United Conservative Party. Article content A provincewide vote of, say five per cent, would bleed support from the UCP and bring the NDP back to power. Article content That threat drives major elements of UCP policy, from removing books in schools to making nine demands for change from Ottawa. Article content Article content The UCP often governs 4.9 million Albertans for the benefit of a faction within the party. Article content Article content At an event with federal Transport Minister Chrystia Freeland on Thursday, Smith said Prime Minister Mark Carney should take separatism seriously. It's the fed's fault, after all. Article content 'If Ottawa wants to work with me to cause that (separatist) sentiment to subside, then we need to materially address the nine bad laws that have created that negative investment climate,' she said. Article content 'If they make the changes that we're requesting, then I suspect they can take the air out of that movement.' Article content Knocking a few points off a tiny separatist party's support is a weak rationale for moving the feds to action. Article content There isn't much of a market in Ottawa, or anywhere else, for the plaintive cries from Alberta the Oppressed. Article content On Friday, the government closed the books on fiscal 2024-25 with an astonishing surplus of $8.2 billion. Article content Originally, the finance department had forecast a surplus of 'only' $355 million (one that every other province would love to have). Article content Article content That surplus grew madly because of lush revenue in major categories, especially oil and gas. Article content Article content In 2023-24, the Alberta surplus was $4.3 billion; the year before that, it hit $11.6 billion. The only other province to book a surplus in 2024-25 was New Brunswick, with $41 million.
