Alberta
Albertans to vote on senators, equalization, daylight saving time

Albertans will have an opportunity to have their say on equalization and daylight saving time and elect nominees to the Senate when they vote in the fall municipal elections.
In addition to voting for Senate nominees, Albertans will be asked to vote on these two provincial topics on Oct. 18, in conjunction with the municipal elections:
- Equalization payments – Should the principle of making equalization payments be removed from the Constitution?
- Daylight saving time – Should Alberta end the practice of changing our clocks twice a year?
“Alberta has a long and proud tradition of grassroots, direct democracy. We will renew that tradition this fall. I encourage all Albertans to get engaged on these important issues and I look forward to taking part in the debate this fall.”
Equalization
Over the last 25 years, Albertans have contributed more than $400 billion more to the nation in tax dollars than they have received in federal spending. Albertans make an immense contribution to equalization through federal tax contributions, which are transferred by the federal government to other provinces for programs and services. The current program has many issues, including a formula that requires it to grow automatically with Canada’s economy, even if contributing provinces like Alberta are experiencing immense economic challenges.
Daylight saving time
Across Canada and the United States, more governments are bringing forward legislation to move to permanent daylight saving time, also known as summer hours. In 2019, Service Alberta asked Albertans if they thought we should make a similar shift. More than 141,000 Albertans responded, of which 91 per cent were in favour of year-round summer hours.
“Changing our clocks twice a year is something that every Albertan has an opinion on. As Alberta first adopted daylight saving time following a referendum in 1971, we owe it to Albertans to give them the same opportunity to make their voices heard now that we are considering another change.”
Senate elections
Along with the municipal elections and the two referendum questions this fall, Albertans will elect three Senate nominees – one for each of the two current vacancies and one in case of early retirement.
The Senate nominee election enhances democracy in the province by allowing Albertans to choose the individuals who will best represent them in Parliament. Having representatives elected by Albertans would increase senators’ accountability to Alberta voters to defend the province’s interests.
Provincial police and pension
For the topics of creating an Alberta Police Service and Alberta Pension Plan, further analysis and work are underway before next steps are determined.
“Through the Fair Deal Panel, Albertans who are policed by the RCMP said that they want to see Alberta build its own provincial police service to improve policing in their communities. We are continuing to study what this could look like and how it could improve the safety and security of Albertans and their property, as part of making an informed decision on the next steps.”
“The potential creation of an Alberta Pension Plan would be a significant decision for Albertans. As such, we are continuing the important work of completing an actuarial, economic and structural analysis so Albertans can make an educated and well-informed choice, and their questions and concerns can be adequately addressed. We look forward to putting this important decision on the table when the time is right.”
Quick facts
- The equalization question will be: “Should Section 36(2) of the Constitution Act, 1982 –Parliament and the Government of Canada’s commitment to the principle of making equalization payments – be removed from the Constitution?”
- Between 2014 and 2019 alone, Albertans made a net contribution of more than $100 billion to the federal government through federal taxes that helped build critical infrastructure.
- Alberta has not received an equalization payment since the 1964-65 fiscal year.
- The question on daylight saving time will be finalized this summer.
- During 2019 and 2020, legislation was tabled in British Columbia and Ontario to move to summer hours all year. These changes have yet to be implemented.
- In March 2020, the Yukon stopped changing their clocks and adopted Pacific daylight time year-round.
- Since 2018, 17 American states have passed legislation to move to summer hours (daylight saving time) permanently and more states are debating the topic. However, in the United States, federal approval is required to enact the change.
- Saskatchewan, Arizona and Hawaii do not change their clocks twice a year.
- The Government of Alberta would provide names of elected Senate nominees to the prime minister for consideration when filling Senate vacancies.
Alberta
Low oil prices could have big consequences for Alberta’s finances

From the Fraser Institute
By Tegan Hill
Amid the tariff war, the price of West Texas Intermediate oil—a common benchmark—recently dropped below US$60 per barrel. Given every $1 drop in oil prices is an estimated $750 million hit to provincial revenues, if oil prices remain low for long, there could be big implications for Alberta’s budget.
The Smith government already projects a $5.2 billion budget deficit in 2025/26 with continued deficits over the following two years. This year’s deficit is based on oil prices averaging US$68.00 per barrel. While the budget does include a $4 billion “contingency” for unforeseen events, given the economic and fiscal impact of Trump’s tariffs, it could quickly be eaten up.
Budget deficits come with costs for Albertans, who will already pay a projected $600 each in provincial government debt interest in 2025/26. That’s money that could have gone towards health care and education, or even tax relief.
Unfortunately, this is all part of the resource revenue rollercoaster that’s are all too familiar to Albertans.
Resource revenue (including oil and gas royalties) is inherently volatile. In the last 10 years alone, it has been as high as $25.2 billion in 2022/23 and as low as $2.8 billion in 2015/16. The provincial government typically enjoys budget surpluses—and increases government spending—when oil prices and resource revenue is relatively high, but is thrown into deficits when resource revenues inevitably fall.
Fortunately, the Smith government can mitigate this volatility.
The key is limiting the level of resource revenue included in the budget to a set stable amount. Any resource revenue above that stable amount is automatically saved in a rainy-day fund to be withdrawn to maintain that stable amount in the budget during years of relatively low resource revenue. The logic is simple: save during the good times so you can weather the storm during bad times.
Indeed, if the Smith government had created a rainy-day account in 2023, for example, it could have already built up a sizeable fund to help stabilize the budget when resource revenue declines. While the Smith government has deposited some money in the Heritage Fund in recent years, it has not created a dedicated rainy-day account or introduced a similar mechanism to help stabilize provincial finances.
Limiting the amount of resource revenue in the budget, particularly during times of relatively high resource revenue, also tempers demand for higher spending, which is only fiscally sustainable with permanently high resource revenues. In other words, if the government creates a rainy-day account, spending would become more closely align with stable ongoing levels of revenue.
And it’s not too late. To end the boom-bust cycle and finally help stabilize provincial finances, the Smith government should create a rainy-day account.
Alberta
Governments in Alberta should spur homebuilding amid population explosion

From the Fraser Institute
By Tegan Hill and Austin Thompson
In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.
Alberta has long been viewed as an oasis in Canada’s overheated housing market—a refuge for Canadians priced out of high-cost centres such as Vancouver and Toronto. But the oasis is starting to dry up. House prices and rents in the province have spiked by about one-third since the start of the pandemic. According to a recent Maru poll, more than 70 per cent of Calgarians and Edmontonians doubt they will ever be able to afford a home in their city. Which raises the question: how much longer can this go on?
Alberta’s housing affordability problem reflects a simple reality—not enough homes have been built to accommodate the province’s growing population. The result? More Albertans competing for the same homes and rental units, pushing prices higher.
Population growth has always been volatile in Alberta, but the recent surge, fuelled by record levels of immigration, is unprecedented. Alberta has set new population growth records every year since 2022, culminating in the largest-ever increase of 186,704 new residents in 2024—nearly 70 per cent more than the largest pre-pandemic increase in 2013.
Homebuilding has increased, but not enough to keep pace with the rise in population. In 2024, construction started on 47,827 housing units—the most since 48,336 units in 2007 when population growth was less than half of what it was in 2024.
Moreover, from 1972 to 2019, Alberta added 2.1 new residents (on average) for every housing unit started compared to 3.9 new residents for every housing unit started in 2024. Put differently, today nearly twice as many new residents are potentially competing for each new home compared to historical norms.
While Alberta attracts more Canadians from other provinces than any other province, federal immigration and residency policies drive Alberta’s population growth. So while the provincial government has little control over its population growth, provincial and municipal governments can affect the pace of homebuilding.
For example, recent provincial amendments to the city charters in Calgary and Edmonton have helped standardize building codes, which should minimize cost and complexity for builders who operate across different jurisdictions. Municipal zoning reforms in Calgary, Edmonton and Red Deer have made it easier to build higher-density housing, and Lethbridge and Medicine Hat may soon follow suit. These changes should make it easier and faster to build homes, helping Alberta maintain some of the least restrictive building rules and quickest approval timelines in Canada.
There is, however, room for improvement. Policymakers at both the provincial and municipal level should streamline rules for building, reduce regulatory uncertainty and development costs, and shorten timelines for permit approvals. Calgary, for instance, imposes fees on developers to fund a wide array of public infrastructure—including roads, sewers, libraries, even buses—while Edmonton currently only imposes fees to fund the construction of new firehalls.
It’s difficult to say how long Alberta’s housing affordability woes will endure, but the situation is unlikely to improve unless homebuilding increases, spurred by government policies that facilitate more development.
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