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Sovereign Wealth Funds Briefing - Categorized | Investment

Hirsch: Alberta urged to put oil cash to long-term use

Posted on 02 August 2011

The Alberta Heritage Savings Trust Fund, the brainchild of former premier Peter Lougheed, was the original version of putting resource money away for future generations.
(After more than 31/2 decades, however, the fund has lost some of its vision and sits at a meagre $15 billion. If the province had stuck with the original goal, the pot would be close to $90 billion today.)………………………………………Full Article: Source


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