Banff is in Treaty 7 territory and leases its land from the feds. So what happens to it if Alberta separates?

The town of Banff faces significant legal and jurisdictional uncertainty regarding its status as a federal parkland leaseholder should Alberta move toward separation from Canada. Experts warn that the process of dividing assets and governance would be a complex, decade-long negotiation.
Why it matters
This highlights the extreme logistical and constitutional complexities involved in regional secession movements and their impact on federal land management.
This tourist mecca is already a jurisdictional anomaly: situated on federal parkland that the town has leased for $550,000 a year since it incorporated in 1990. Residents own their homes but not their land; that's also leased from Ottawa.
The province operates the local hospital and schools, but the federal government has veto power over most bylaw changes.
In short, governance is complicated. And with Oct. 19 approaching — when Alberta will vote on, among other questions, whether to hold a referendum on separating from Canada — many of those who live in this mountain resort town are worried about the future.
The Town of Jasper, roughly 300 kilometres northwest of Banff, faces similar issues, given it's also based in a federal park in Alberta.
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