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  1. Alberta blows through two-thirds of its financial assets

    Appeared in the Calgary Herald If there was ever a place that was the “anti-Greece” when it comes to public finances, it must be Alberta. Compare Alberta to many places around the world, be it European fiscal disasters, or even nearer to home, and in most ...

  2. Lax Heritage Fund rules allow governments to plunder Alberta's future

    Appeared in the Red Deer Advocate and Winnipeg Free Press In 1987, the value of Alberta’s Heritage Savings and Trust Fund stood at $12.7 billion. That year, the province faced a massive budget deficit and transfers to the fund from resource revenues were ...

  3. Reforming Alberta's Heritage Fund: Lessons from Alaska and Norway

    The governments of Alberta, Alaska, and Norway have all created funds in which to deposit some of the revenues they receive from non-renewable natural resource activities. Despite Alberta?s rich natural resource endowments, its Alberta Heritage Savings ...