alberta heritage fund

2:30PM
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Here’s how Smith government can fix Alberta’s longstanding fiscal problem

The idea is simple—save during good times to help avoid deficits during bad times.


9:18AM
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Smith needs constitutional change to protect Albertans from future tax hikes

Future governments can easily and unilaterally change any law passed by the legislature.


10:30AM
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Alberta government can send ongoing cheques to Albertans—if it saves resource revenue

Alberta's fund was valued at just C$16.2 billion compared to US$65.3 billion for Alaska’s fund.


9:59AM
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Alberta should start saving resource revenue now

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


10:30AM
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Alberta government can also deliver cheques to residents

As resource revenue began increasing, Alberta’s per-person government spending increased from $7,393 to $13,114.


8:34AM
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New Alberta premier should save surplus and resurrect rainy-day fund

The province went from spending $61 per person on provincial debt interest to roughly $562.


11:17AM
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Alberta’s next premier will face big fiscal opportunity

The province is currently experiencing a windfall of resource revenue.


4:00AM
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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.