From Torontosun.com: Meanwhile, a $282-million hit to the Alberta Heritage Savings Trust Fund is being blamed on a decline in world equity markets. The Fund — the government’s long-term savings account — lost $282 million, lowering its value to about $14.1 billion.
The fund is still expected to earn $684 million this year before expenses. That’s a decrease from the original $1.05-billion forecast……………………………………….Full Article: Source