William Aberhart Social Credit William Aberhart Social Credit The 1940 Alberta general election was held on March 21, 1940, to elect members of the Legislative Assembly of Alberta.

Despite its failure to implement its key policy, providing prosperity certificates to all Albertans, the Social Credit Party of Premier William Aberhart won a second term in government.

The Conservative and Liberal parties as well as the remains of the United Farmers, recognizing the widespread popularity of the Social Credit party, ran joint candidates as independents in what was called the "Independent Movement" or the "Unity Movement".

However, due to the Parliamentary system, which awards power solely on the basis of seats won, Social Credit was returned for a second term, albeit with a considerably reduced majority.

The social democratic Cooperative Commonwealth Federation nominated candidates for the first time, but failed to win any seats in the legislature, despite winning over 10% of the popular vote under the leadership of former United Farmers of Alberta MLA Chester Ronning.