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ICYMI: Alberta’s Heritage Fund has hit a record $30 billion, with an ambitious target of $250 billion by 2050. This means that future generations can count on quality education, accessible health care, and low taxes. Together, we are building a bright future for Alberta.

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Danielle Smith

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109,185 просмотров • 1 год назад •via X (Twitter)

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Premier Danielle Smith has shown the vision and given a strong new mandate to grow the Heritage Fund to $250 billion by 2050. What does that mean for Albertans? It means that future generations can prosper and fund services without relying on oil revenue.
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Premier Danielle Smith has shown the vision and given a strong new mandate to grow the Heritage Fund to $250 billion by 2050. What does that mean for Albertans? It means that future generations can prosper and fund services without relying on oil revenue.

Nate Horner

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Since the election, we've grown the Heritage Fund from $17 billion to an expected $25 billion by the end of this year. Our goal is to build it to generate $12 billion in investment income, providing sustainable revenue for Albertans. We've focused on disciplined year-over-year spending, paying down our $80 billion debt, and freeing up $3.5 billion in finance charges. This allows us to offer tax breaks and affordability payments when we have surpluses. Let's keep building a stronger future for Alberta together!
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Since the election, we've grown the Heritage Fund from $17 billion to an expected $25 billion by the end of this year. Our goal is to build it to generate $12 billion in investment income, providing sustainable revenue for Albertans. We've focused on disciplined year-over-year spending, paying down our $80 billion debt, and freeing up $3.5 billion in finance charges. This allows us to offer tax breaks and affordability payments when we have surpluses. Let's keep building a stronger future for Alberta together!

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When we came into office, we were confronted with a fictitious NHIF debt amounting to KSh 30 billion. Shockingly, KSh 5.6 billion of this was linked to the Linda Mama programme. This was not just a matter of numbers. It reflected years of weak oversight, inefficiency and mismanagement that compromised the quality of care delivered to mothers and their children. That is why, under the Social Health Authority (SHA), the Government has embarked on far-reaching reforms to rebuild trust and restore integrity in our health sector. We are tightening accountability systems, sealing financial loopholes and ensuring that every shilling invested in health translates into quality care for our people.
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When we came into office, we were confronted with a fictitious NHIF debt amounting to KSh 30 billion. Shockingly, KSh 5.6 billion of this was linked to the Linda Mama programme. This was not just a matter of numbers. It reflected years of weak oversight, inefficiency and mismanagement that compromised the quality of care delivered to mothers and their children. That is why, under the Social Health Authority (SHA), the Government has embarked on far-reaching reforms to rebuild trust and restore integrity in our health sector. We are tightening accountability systems, sealing financial loopholes and ensuring that every shilling invested in health translates into quality care for our people.

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Are Albertans’ savings being put at risk? Why is the government blurring the lines between a protected trust and a high-risk investment scheme? Alberta’s $32 billion Heritage Trust Fund exists to protect long-term savings for future generations. But the UCP has created a separate “Heritage Fund” targeting hedge-fund-level returns - and is presenting the two as if they are the same. They are not. In the Legislature this week I asked the Premier whether Albertans’ savings are being exposed to higher risk - including borrowing billions to invest in volatile markets and using public funds to backstop projects private capital has already rejected. Watch the exchange. The Tory Party believes Alberta’s savings should be protected, grown responsibly, and kept insulated from political misuse. Watch the clip. #abpoli #ableg #alberta #heritagetrustfund #abtory #albertatory
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Are Albertans’ savings being put at risk? Why is the government blurring the lines between a protected trust and a high-risk investment scheme? Alberta’s $32 billion Heritage Trust Fund exists to protect long-term savings for future generations. But the UCP has created a separate “Heritage Fund” targeting hedge-fund-level returns - and is presenting the two as if they are the same. They are not. In the Legislature this week I asked the Premier whether Albertans’ savings are being exposed to higher risk - including borrowing billions to invest in volatile markets and using public funds to backstop projects private capital has already rejected. Watch the exchange. The Tory Party believes Alberta’s savings should be protected, grown responsibly, and kept insulated from political misuse. Watch the clip. #abpoli #ableg #alberta #heritagetrustfund #abtory #albertatory

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Today, the Liberals introduced a record-breaking over $78 billion deficit budget — 192% higher than originally forecasted, by them! With the crushing debt and massive deficits it piles onto future generations with nothing for everyday Canadians who are struggling today. We cannot support it.
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