‘A very dangerous bluff’: Mark Carney warns of Brexit-like regret if Alberta leaves Canada
Mark Carney has warned that Alberta's separatist movement could lead to regret similar to the Brexit experience. He emphasized that the notion of a 'free option' in separation is a dangerous bluff. Alberta Premier Danielle Smith has announced plans for a non-binding vote on separation, reflecting growing separatist sentiments in the province.
- ▪Mark Carney described Alberta's separatist movement as a 'dangerous bluff' akin to the U.K.'s Brexit vote.
- ▪Carney warned that voters often misjudge the implications of separation, leading to long-term consequences.
- ▪Alberta Premier Danielle Smith plans to hold a non-binding vote on whether to remain part of Canada.
Opening excerpt (first ~120 words) tap to expand
Canadian Prime Minister Mark Carney has labeled oil-rich Alberta's separatist movement a "dangerous bluff" that echoes the U.K.'s Brexit vote of 2016. Speaking to reporters in Ottawa on Monday, Carney shared "an observation from experience." "In these separation issues, it is often advanced that, 'vote for this and it's a free option. Vote for this and we will strengthen our hand in future negotiations.' That is a very dangerous bluff," he said. "I saw first-hand what happened in the United Kingdom when the view was, 'vote for this it'll be soft and then we'll negotiate.' And they're still, 10 years later, trying to undo what people didn't think they were voting for but what they ended up having."Last week, Alberta Premier Danielle Smith announced plans for the province to hold a…
Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.