Story perspectives

Alberta's Independence Push: $500 Billion Plan Faces Backlash

2/10/2026

Summary

Story summary

The Alberta Prosperity Project, led by Mitch Sylvestre, seeks a $500 billion line of credit from the U.S. Treasury to back independence.
The group aims to collect nearly 178,000 signatures for a referendum, and Premier Danielle Smith has lowered thresholds to facilitate this.
Critics, including British Columbia Premier David Eby, label meetings with U.S. officials as treasonous.
First Nations leaders oppose the movement, asserting that Alberta lacks jurisdiction over their lands.

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Story summary

The Alberta Prosperity Project, led by Mitch Sylvestre, seeks a $500 billion line of credit from the U.S. Treasury to back independence.
The group aims to collect nearly 178,000 signatures for a referendum, and Premier Danielle Smith has lowered thresholds to facilitate this.
Critics, including British Columbia Premier David Eby, label meetings with U.S. officials as treasonous.
First Nations leaders oppose the movement, asserting that Alberta lacks jurisdiction over their lands.