alberta heritage fund

9:04AM
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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.


9:10AM
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Kenney government should save—not spend—part of upcoming resource revenue spike

By contributing to the Heritage Fund, the government would essentially transform a share of onetime resource revenue into a financial asset.


10:49AM
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Alberta and Saskatchewan need new rules to save revenue
Saskatchewan’s resource revenue will be roughly $360 million higher than initially projected in 2021/22.

9:53AM
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Alberta government should use unexpected windfall to stop resource rollercoaster

By limiting the amount of resource revenue included in the budget, the fund could restore discipline to government spending.


9:50AM
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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
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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
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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.