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Colby Cosh: Did the Globe and Mail just advocate for Alberta separatism?

A sovereign wealth fund for Alberta, as a recent editorial called for, really only has a point if you consider the province to be a nation

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Ladies and gentlemen, I’m not sure you noticed, but there was Norwailing in the Globe and Mail this week. In the year 2026! It’s making a comeback! Norwailing is my term for columns and editorials that castigate the province of Alberta for spending government revenues from oil and gas on current programs instead of socking the money away and living on taxes in the meantime. This is a greedy and short-sighted policy, unlike the one pursued by the exemplary and beautiful state of Norway, which … well, we might as well quote the Globe’s unsigned Tuesday leader:

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“By contrast, Norway has shown what a disciplined approach can do. Starting in 1996, the country funnelled its petroleum revenues into a sovereign fund, with sharply defined limits on how much can be spent each year. The result has been the creation of a massive financial asset, nearly $2.9-trillion in 2025, or about $510,000 for each Norwegian.

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“By contrast, Albertans’ per........

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