The change, going into effect this Friday, will be from requiring 600,000 signatures collected in 90 days to 177,000 signatures in 120 days, to trigger a citizen-initiated referendum.
Per Wikipedia, there were 4.4 million people in Alberta as of 2021. If we assume 60% of those are eligible voters, the proportion of the electorate required to trigger the referendum will go from 23% to 7%.
I think of increased susceptibility to populism. I think of the electorate and politics - in Alberta, and federally to placate Albertans and prevent separation - more focused on trivial issues while business as usual (ie, growing inequality) continues