Alberta urged to overhaul dormant heritage savings fundCommission submits proposals to solve province’s budgeting difficulties by pouring all oil, gas royalties into fund and withdrawing a fixed amount for spending Gary Park PNA Canadian Correspondent
Alberta is being urged to crack open its energy nest-egg. A government-appointed commission said the C$12.4 billion (US$8.2 billion) Alberta Heritage Savings Trust Fund — a near relative of the Alaska Permanent Fund — has been dormant for too long and needs a complete overhaul.
Among its 25 recomme....
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Monies to be used for general spending
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