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🚨 WATCH: Premier Danielle Smith comments on equalization. 5 years after 62% of Albertans voted to remove equalization from the constitution… The premier is now defending the principle of equalization while suggesting technical changes to the formula.

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126,700 views • 1 month ago •via X (Twitter)

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🚨 Premier Danielle Smith on equalization: "If Quebec were to pay market rates for electricity, even two cents more, they would get $4 billion less in equalization. The formula actually rewards them for subsidizing electricity and reducing their own income stream."

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Danielle Smith says equalization has overpaid recipient provinces by $7 billion in five years. Her solution: End the automatic escalator. Equalize only to actual need. Return the excess to every province equally per capita. Mark Carney’s answer? Equalization is about fairness, comparable services and another future review. Smith proposed changing the system. Carney explained why Ottawa wants to keep defending it. Who gave the better answer?

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From the Next Town Hall in Fort McMurray in August Trevor Tombe on equalization ""Just just to illustrate magnitudes here, if Quebec's power prices were 2 cents a kilowatt higher, and they would still maintain the lowest power prices $0.02 a kilowatt higher, and we didn't fix the size of the equalization program as we do now, then Quebec's equalization payment would fall by about $4.2 billion this year."" Trevor Tombe Danielle Smith

From the Next Town Hall in Fort McMurray in August Trevor Tombe on equalization ""Just just to illustrate magnitudes here, if Quebec's power prices were 2 cents a kilowatt higher, and they would still maintain the lowest power prices $0.02 a kilowatt higher, and we didn't fix the size of the equalization program as we do now, then Quebec's equalization payment would fall by about $4.2 billion this year."" Trevor Tombe Danielle Smith

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Albertans already tried reforming Canada from within. In 2021, 62% voted to challenge equalization. Ottawa refused to negotiate, the other premiers refused to engage, and nothing changed. That referendum proved Alberta’s only real path forward is independence.

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I don’t want to cheat on Pierre Poilievre but I think Danielle Smith just became my new Conservative crush. 🤣 This is the intersection of logic, class & strong leadership. She wants equalization payments to be….well, equal. I agree. They should be.

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🇨🇦 Danielle Smith introduced a bill making it easier for Albertans to vote on leaving Canada. If they do? - A 6.6% GDP hit. Worse than 2008 📉 - $25B lost in equalization. Meaning higher taxes or less programs. - Energy prices through the roof 📈 Should Alberta stay—or go?

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