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Sovereign Wealth Funds Briefing - Categorized | Financials

Smith vows to boost Heritage Fund to $200 billion in two decades

Posted on 29 March 2012

Wildrose Leader Danielle Smith has pledged to grow the Heritage Saving Trust Fund to $200 billion within 20 years and reinstate the provincial law banning deficit budgets if her party forms government.
Smith told a partisan crowd at an art gallery in her Highwood riding that her government would put 50 per cent of surplus revenues into the trust fund annually to grow it for the day oil and gas royalties revenues decline………………………………………..Full Article: Source


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