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Sovereign Wealth Funds Briefing - Categorized | Performance

Per capita value of Alberta’s Heritage Trust fund lower than in 1976

Posted on 24 June 2011

Alberta’s rainy day fund has pumped $33 billion into provincial government programs and services since 1976, but its per capita value has dropped in recent years to less than when it was created, according to figures supplied by Alberta Finance officials.
Data given to an all-party Heritage Savings Trust Fund committee this week shows that when inflation and population growth are taken into account, the fund is shrinking………………………………………..Full Article: Source


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