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Lougheed upset at stagnant Alberta Heritage Fun

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Lougheed upset at stagnant Alberta Heritage Fund


Provincial Politics | 206772 hits | Jul 05 7:58 pm | Posted by: WDHIII
4 Comment

EDMONTON -- More than 30 years after it was created, Alberta's multibillion-dollar Heritage Savings Trust Fund has become a stagnant pool of money that has failed to achieve one of its primary goals -- diversifying the province's boom-bust economy.

Comments

  1. by avatar bootlegga
    Mon Jul 06, 2009 12:42 pm
    I read an article in the March Report on Business that noted if they had maintained Lougheed's policies when the Fund first started, it would be worth more about $165 Billion...

  2. by avatar dino_bobba_renno
    Mon Jul 06, 2009 12:59 pm
    Albertans really needs some type of alternative to vote for during the next election. The Tory's have just gone stupid on us, how any government can piss away the advantages we have been given is beyond me.

  3. by avatar Alta_redneck
    Mon Jul 06, 2009 2:40 pm
    I read in a book once, that said pumpkins could change into golden carriages. So the first time I had my own garden I grew nothing but pumpkins, thinking I was going to be rich. Not one friggin Carriage out of the whole garden. :evil:

  4. by avatar bootlegga
    Tue Jul 07, 2009 9:01 pm
    For the naysayers...

    http://v1.theglobeandmail.com/servlet/s ... uested=all



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