3 ms·
You’re very wrong. The current bslance is about $15 billion Canadian. $190 billion was the non-renewable resource money generated. They only out 30% in, unlike
by graeme 8y ago
You’re very wrong. The current bslance is about $15 billion Canadian. $190 billion was the non-renewable resource money generated. They only out 30% in, unlike Norway’s 100%, and they stopped adding money in 1987.
Alberts has an estimated population of 4.3 million, so they have about $3500 per person only.
https://en.m.wikipedia.org/wiki/Alberta_Heritage_Savings_Trust_Fund https://en.m.wikipedia.org/wiki/Alberta_Heritage_Savings_Tru...
https://en.m.wikipedia.org/wiki/Alberta https://en.m.wikipedia.org/wiki/Alberta (For population stats)
- refurb 8y agoAhh.. looked at the wrong numbers. Regardless, if Alberta had done the same as Norway (100% of royalties), they still wouldn't have as much money in the fund.