alberta heritage fund

8:28AM
Printer-friendly version
Alberta needs new (old) rule to stabilize government resource revenues

In 2020/21, Alberta’s non-renewable resource revenue will comprise only 4.7 per cent of provincial revenue.


2:00AM
Printer-friendly version

BC’s governing Liberals presented a Throne Speech recently that included an unexpected announcement: the creation of a BC Prosperity Fund similar in concept to Alberta’s Heritage Fund. BC’s fund is meant to capitalize on the future opportunities from natural gas development. If done correctly, the Prosperity Fund could be a huge benefit to both current and future British Columbians. As with many things though, the devil is in the details.