alberta heritage fund

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.


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.


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.