alberta's heritage fund

2:20PM
Printer-friendly version
Don’t use Alberta’s Heritage Fund to pick ‘winners and losers’

The province's taxpayers lost more than $2 billion from failed loans, guarantees and share purchases in major projects.


3:02PM
Printer-friendly version
Alberta government must embrace new fiscal approach to keep ‘Heritage Fund’ promise

In Alaska, the government must pay a portion of fund earnings to citizens in annual dividends.


9:59AM
Printer-friendly version
Alberta should start saving resource revenue now

In 2022/23, resource revenue is projected to be $28.4 billion, the highest level on record.


4:00AM
Printer-friendly version
At current commodity prices, Alberta could (and should) fully fund a rainy-day account

According to recent forecasts, the province's resource revenue will likely be higher than forecast in Budget 2022.


9:04AM
Printer-friendly version
Kenney government faces stark fiscal choice in upcoming budget

The Alberta government has not contributed any resource revenue to the Heritage Fund since 1986/87.


9:50AM
Printer-friendly version
Dividends to Albertans would ensure better maintenance of Heritage Fund

If Alberta had followed Alaska’s model, Albertans could have received $101.5 billion in dividends.


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.


10:00AM
Printer-friendly version

Alberta’s decades long economic success is a result of resource wealth, relatively sound public policies and a growing skilled labour force. Compared to other energy-producing jurisdictions such as Alaska, North Dakota, Saskatchewan, Texas, and Wyoming, Alberta does well economically but there are areas of concern, which if ignored, may affect the province’s long-term prosperity.