heritage fund

8:53AM
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Alberta’s ‘new fiscal framework’ requires constitutional change to make it last

All resource revenue is typically included in the budget, creating volatility in provincial finances.


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.


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.