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Alberta has a lot of oil, and even created a fund, the Heritage Fund, in the 1970s to save some of the wealth from drilling oil. Unfortunately Alberta has mism
by djkivi 5y ago
Alberta has a lot of oil, and even created a fund, the Heritage Fund, in the 1970s to save some of the wealth from drilling oil.
Unfortunately Alberta has mismanaged that fund so it is now far smaller than Norway's.
https://thenarwhal.ca/norway-s-oil-savings-just-hit-1-trillion-alberta-has-17-billion-what-s-gives/ https://thenarwhal.ca/norway-s-oil-savings-just-hit-1-trilli...
- yostrovs 5y agoNorwegian oil is vastly cheaper to extract and deliver to willing customers than Canadian oil sands.