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.


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.


3:00AM
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Alberta’s provincial government has provided plenty of political theatre as of late, with, as I write, three resignations from the government, including that of Alison Redford as premier. However, the Redford resignation may not be the end of her influence on Alberta’s future, and in particular, upon the Alberta Heritage Savings and Trust Fund.


2:00AM
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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 decades, Alberta shines in comparison.


2:00AM
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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 suspended. Such deposits did not resume again until almost two decades later and only lasted two years before being suspended again.