The 1937 Social Credit backbenchers' revolt took place from March to June 1937 in the Canadian province of Alberta. It was a rebellion against Premier William Aberhart by a group of backbench (not part of the cabinet) members of the Legislative Assembly (MLAs) from his Social Credit League. The dissidents were unhappy with Aberhart's failure to provide Albertans with C$25 monthly dividends through social credit as he had promised before his 1935 election. When the government's 1937 budget made no move to implement the dividends, many MLAs revolted openly and threatened to defeat the government in a confidence vote.
The revolt took place in a period of turmoil for Aberhart and his government: besides the dissident backbenchers, half of the cabinet resigned or was fired over a period of less than a year. Aberhart also faced criticism for planning to attend the coronation of George VI at the province's expense and for stifling a recall attempt against him by the voters of his constituency.
After a stormy debate in which the survival of the government was called into question, a compromise was reached whereby Aberhart's government relinquished considerable power to a committee of backbenchers. This committee, dominated by insurgents, recruited two British social credit experts to come to Alberta and advise on the implementation of social credit. Among the experts' first moves was to require a loyalty pledge from Social Credit MLAs. Almost all signed, thus ending the crisis, though most of the legislation the experts proposed was ultimately disallowed or struck down as unconstitutional.
In the midst of the Great Depression, Calgary schoolteacher and radio evangelist William Aberhart became a convert to a British economic theory called social credit. Believing it could end the depression and restore prosperity, he began to promote it around Alberta. When the provincial government proved resistant to adopting it, Aberhart resolved to field social credit candidates in the 1935 provincial election. These candidates won 56 of the province's 63 seats, and Aberhart became Premier of Alberta.