The way forward for Alberta's heritage fund, a contribution from OxCARRE

From Calgary's The School of Public Policy,

Albertans have long known that their provincial government has shown a lack of discipline when it comes to investing royalty revenues into the Heritage Savings Trust Fund. Meanwhile, Norway has built a massive fund that pays for almost all social services. What went wrong? And is it too late to be fixed?

Those are the questions asked and answered by a ground-breaking new report released today by The School of Public Policy. Authors, Ton van den Bremer and Rick van der Ploeg of Oxford University take a hard look at the state of Alberta's savings.

They propose that Alberta becomes much more serious about saving its revenues if it intends to reap benefits from it for the longest possible time.

Read on here [newswire.ca]

for the full report here [policyschool.ucalgary.ca]