Hub Podcasts The government's climate policies are threatening Alberta's economy
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Aug 11, 2025 In this discussion, Lennie Kaplan, a seasoned Alberta public servant, critiques the government's climate policies, warning they could drain nearly $1 trillion from the province’s economy by 2050. Deon Ramgoolam, founder of EOCI Health, highlights how innovations like Ozempic might reshape consumer habits and threaten grocery store revenues. Together, they explore the dire implications of emissions caps on GDP and employment, stressing the need for transparent data to protect Alberta's economic future.
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Almost $794B Oil And Gas GDP Loss
- Lennie Kaplan reports Alberta's oil and gas GDP will be hundreds of billions smaller by 2050.
- The loss magnifies over time and signals structural damage to the province's energy economy.
Massive Hit To Alberta Public Finances
- Lennie Kaplan details big drops in provincial revenues and net fiscal balance through 2050.
- These fiscal shocks will limit Alberta's ability to balance budgets or grow the Heritage Fund.
Demand Full Data And Reject ERP
- Lennie Kaplan urges Alberta leaders to release the full Conference Board data for transparency.
- He advises demanding the federal emissions reduction plan be abandoned before any Alberta accord.