The amount of natural-resource wealth within Canada’s borders is impressive. Natural-resource assets, which include timber, oil, natural gas and other subsoil minerals, have been valued by Statistics Canada at about $1-trillion. This puts Canada in an enviable position relative to other countries.
Similar reasoning is reflected in Norway’s leverage of its natural-resource wealth, largely from oil and gas revenue, into $1.1-trillion in investments through its sovereign wealth fund. Compare that with Alberta’s Heritage Fund portfolio of just $17.9-billion...............................................Full Article: Source
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