EXCLUSIVE: Former Alberta finance official warns of $364B independence debt

Lennie Kaplan says any realistic independence plan must account for Alberta’s balance sheet, deficits, debt servicing, spending, revenues and borrowing requirements.

Source: X (Élie Cantin-Nantel)

A former senior Alberta finance official is pouring cold water on Alberta independence projections, warning a sovereign province could carry $364 billion in interest-bearing debt.

Lennie Kaplan, formerly of the Alberta Treasury Board and Finance and a MacKinnon Panel executive director, is challenging key assumptions behind …