How much would Quebec independence cost? An Alberta study offers clues

The Parti Québécois is facing renewed questions about the economic consequences of Quebec independence as it leads in the polls and promises a referendum after U.S. President Donald Trump’s term ends in 2029. A University of Calgary study estimating that Alberta separation could cost $50 billion to $170 billion over five years suggests Quebec could face similar risks, including weaker GDP, higher borrowing costs and trade disruptions. While the PQ argues independence could save billions by eliminating overlapping federal services, economists caution the ultimate costs would depend heavily on negotiations with Canada, economic conditions and other uncertainties.

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