'Zero risk' to Alberta economy if province leaves Canada: Nadine Wellwood

Nadine Wellwood, a chartered investment manager by trade, tells The Gunn Show that not only is there “zero risk” economically for an independent Alberta, “there's far more risk” to staying in Canada.

The independence movement is one of the top issues to many Albertans, with the fiscal viability of the concept driving debate both inside and outside of the province.

Few are better positioned to weigh in on Alberta's finances than Nadine Wellwood, who specializes as a chartered investment manager outside of her forays into politics.

Nadine joined this week's episode of The Gunn Show to discuss the province's economics and her new book, Alberta Rising.

“Being in finance, you're always in economics,” Nadine told Sheila about her life before becoming active in politics. “I never really felt like I had a place that I belonged,” she explained, prior to running as a candidate for the People's Party of Canada in multiple elections.

“I don't get caught up with people, I get caught up with ideas,” Nadine said, noting Maxime Bernier's policies resonated with her.

Shifting back to Alberta's push for autonomy, Nadine said “the economics around independence — whether it's pension plans, police force — all the economics makes a hundred per cent sense for Albertans to leave Canada and to go it on their own.”

In her view, “there is absolutely zero risk to us to leave Canada.” In fact, she says “there's far more risk in staying in Canada.”

Nadine told Sheila she's even spoken to unions and Liberal and NDP leaning individuals who, by the end of the discussion, would tell her there's “nothing I can disagree with here.”

From an Albertan perspective, independence “makes sense,” given the province sends “$3 to $5 billion more each and every year to the (Canada Pension Plan) than we receive back to our own retirees.”

The CPP is akin to a “payroll tax,” she said — or worse, “like a Ponzi scheme.”

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  • Bruce Atchison
    commented 2025-09-12 22:35:22 -0400
    We have plenty of oil, gas, and coal. The world needs those. Steel cannot be made unless coal is used to fire the smelter. And as we have so much coal under our province, we can make steel plants run for centuries. All we get from Ottawa is lies and condemnation.
  • Malcolm Berry
    commented 2025-09-12 16:57:14 -0400
    What happens to Alberta in twenty years when the oil demand dries up?
    What does Alberta make or do, oil excepted, that Canada can’t do without.? .
    A country with a population of 2-3 million is nothing but a grain of sand that supports gun ownership and what else?
    I doubt many urban ridings would support the cause anyway.