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Vol. 7, No. 49 Week of December 08, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Alberta royalty fund faces steepest tumble ever; down to US$7.2 billion

For first time in its history, fund will not deliver dividend to provincial coffers

Gary Park

PNA Canadian Correspondent

As the Bears mauled the Bulls on North American stock markets the spring and summer, they stripped C$1.3 billion (US$845 million) from the value of the Alberta Heritage Savings Trust Fund, leaving the province’s royalty nest egg at C$11.1 billion (US$7.2 billion). As a result, the fund — Alberta’s e....

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Half in equities

Government surveying residents


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