‘The Switzerland of North America’: Albertans vote on leaving Canada
What happened
- Albertans voted to remain part of Canada in the province’s first-ever referendum on separation.
- The referendum was nonbinding; CBC called the result after 33% of votes had been counted.
- At the time of the call, 76% of tallied votes supported remaining in Canada, versus 23% supporting a future separation vote.
Why it matters
The result reduces near-term political uncertainty around Alberta’s constitutional status and supports national unity amid Canada’s trade tensions with the US. Energy, credit and macro professionals will watch whether the vote changes federal-provincial relations and policy affecting Alberta’s oil sector.
What to watch. Alberta Premier Danielle Smith said she would address Albertans on Tuesday about the results and the province’s next steps; results for nine other nonbinding questions were still being counted.
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Timeline
- First reported by Financial TimesOct 18‘The Switzerland of North America’: Albertans vote on leaving Canada
- CNBC reportsOct 20Alberta votes to remain part of Canada
- OilPrice.com reportsOct 20Oil-Rich Alberta Votes to Stay in Canada in Historic Referendum
- Fortune reportsOct 20No, Alberta isn’t leaving Canada as voters overwhelmingly reject independence for oil-rich province
Who is involved
Sources (4)
- Financial TimesOct 18‘The Switzerland of North America’: Albertans vote on leaving Canada
- CNBCOct 20Alberta votes to remain part of Canada
- OilPrice.comOct 20Oil-Rich Alberta Votes to Stay in Canada in Historic Referendum
- FortuneOct 20No, Alberta isn’t leaving Canada as voters overwhelmingly reject independence for oil-rich province
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