Alberta Separatist Group Estimates Independence Transition at $5B
The Alberta Transition Council says the money would fund the systems, equipment, institutions, and infrastructure needed to become a sovereign state.
TL;DR
- The Alberta Transition Council estimates the one-time cost of transitioning Alberta to an independent country at $4.96 billion.
- This cost is expected to be spread over approximately three years, averaging $1.65 billion annually.
- The funds would cover systems, equipment, institutions, and infrastructure for sovereign functions.
- Additional annual operating costs for sovereign functions are estimated at $3.63 billion.
- The transition cost estimate excludes pensions, benefits, federal transfers, a share of federal debt or assets, and defense equipment.