The province's taxpayers lost more than $2 billion from failed loans, guarantees and share purchases in major projects.
heritage fund
March 12, 2024
11:11AM
The government should learn from past experience and ensure new rules about the fund are constitutional.
March 1, 2024
3:02PM
In Alaska, the government must pay a portion of fund earnings to citizens in annual dividends.
June 8, 2023
9:18AM
Future governments can easily and unilaterally change any law passed by the legislature.
March 16, 2023
8:53AM
All resource revenue is typically included in the budget, creating volatility in provincial finances.
February 9, 2023
1:00PM
The province will run a projected $12.3 billion budget surplus this fiscal year.
November 17, 2022
9:59AM
In 2022/23, resource revenue is projected to be $28.4 billion, the highest level on record.
October 26, 2022
10:30AM
As resource revenue began increasing, Alberta’s per-person government spending increased from $7,393 to $13,114.
February 22, 2022
9:04AM
The Alberta government has not contributed any resource revenue to the Heritage Fund since 1986/87.
September 29, 2021
10:49AM
Saskatchewan’s resource revenue will be roughly $360 million higher than initially projected in 2021/22.