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Economist Podcasts

Oil be going: Canada’s separatist west

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 9 December 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

Long-simmering tensions in the oil-rich west of the country have boiled over, and now there’s an increasingly credible push for secession. Investors are gobbling up startups that turn reams of climate data into better climate-risk predictions. And the lessons to be drawn from Sweden’s vast crop of billionaires. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio.

0:07.0

I'm your host, Jason Palmer.

0:09.0

Every weekday, we provide a fresh perspective on the events shaping your world.

0:14.0

A changing climate brings risks of all sorts and uncertainty at every turn.

0:22.6

A growing number of startups is tackling that, feeding reams of climate data into economic models,

0:28.6

and investors want in on the insights.

0:31.6

And Sweden has quite a lot of billionaires,

0:35.6

but there's not the same resentment of them that you see elsewhere.

0:39.2

There's not even a hefty wealth tax anymore.

0:42.2

We ask whether there's a lesson there for how other countries deal with their super-rich.

0:57.0

But first... For decades, there's been a separatist movement brewing in Canada.

1:05.0

Quebec, a mostly French-speaking province, has held two referendums on secession,

1:10.0

amid fears it will be assimilated into the rest of the English-speaking province has held two referendums on secession, amid fears it will be

1:11.6

assimilated into the rest of the English-speaking country. But a new breakaway movement now has

1:18.0

even more traction than that of the Quebecois, this time in Canada's west. Wexit is the name

1:24.7

given to the latest successionist movement here in Canada. Jen Gerson has been writing about Weggit for The Economist.

1:30.3

Right now it's a fairly fringe movement which hopes to see the west of Canada separate from the rest of the nation.

1:36.3

So where is this, this Wexit sentiment centered? What's the area like?

1:42.3

It's centered in Alberta. It's high prairie,

1:45.8

high plain. If you go, you know, an hour west of where I live right now, you run into beautiful

1:51.4

rocky mountains. And if you drive an hour east of where I am right now, you drive straight into

1:57.1

endless prairie and sky. It's a young province. It's a province that's been growing at a fairly

...

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