• Large businesses and post-secondary institutions could see five-digit utility fee hike if Epcor franchise fee increase approved

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-05 21:00:32.0
    Tags: [Alberta, Municipal, Taxation, Finance, Energy]

    The Edmonton City Council utility committee voted to send a proposed increase in the city's franchise fee charged to Epcor from 17.65 per cent to the provincially capped maximum of 20 per cent to the full city council. If approved, the hike takes effect on January 1, 2027, generating an estimated additional $14.8 million for the municipality while increasing monthly utility bills by up to $31,500 for post-secondary institutions, $10,400 for large commercial properties, and $6,250 for hospitals.

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  • Internal documents detail Ottawa's economic worries over Alberta referendum

    Source: CBC Politics
    Date: 2026-10-03 08:00:00.0
    Tags: [National, Alberta, Economy, Finance, Energy, Governance]

    Internal documents from Finance Canada and the Justice Department dated June 2026 reveal federal concerns regarding potential economic impacts from Alberta's October 19 separation referendum, including an estimated $18-billion fiscal shock, corporate head office flight, and potential population outflows. The briefing notes highlight that Alberta accounts for 15 per cent of Canada's national GDP, contributes an average of $18 billion annually in net fiscal transfers between 2022 and 2024, and represents 31 per cent of Canada's exports. Furthermore, federal officials warn that existing federal pension legislation governing the Canada Pension Plan contains flawed language and payout formulas that would likely require Supreme Court interpretation if Alberta attempted to withdraw its assets.

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