Alberta’s Heritage Savings Trust Fund is forecast to sit around $20-billion by early 2023, in part because of an injection of cash announced by the UCP government this week.

The shakeup at AIMCo comes as Alberta Premier Danielle Smith prepares to unveil her government’s plan to boost the size of the AIMCo-managed Heritage Savings Trust Fund, which, according to its ...

“We’ll be releasing our plan to grow the Heritage Savings Trust Fund to $250 billion by the end of the year, with a focus solely on getting the best returns for Albertans,” Justin Brattinga, senior ...

The Ontario Teachers’ Pension Plan, which manages about C$256 billion in assets, on par with Alberta’s goal for the Heritage Fund, averaged 7.2 pecent in the five years through 2023.

The Alberta Heritage Savings Trust Fund currently has an annual rate of return of 7%, which is not too shabby at all, but the government of the province wants to boost this to 9% by 2050.

Danielle Smith’s government recently shared its plan to build up Alberta’s Heritage Fund to $250-billion by 2050, to purportedly wean Alberta off the resource revenue roller coaster.

The value of Alberta's rainy day fund has begun to rebound after being hammered by COVID-19 pandemic shutdowns and risky investment decisions. As of June 30, Alberta's Heritage Savings Trust Fund ...

In combination with global market losses in February and March, Alberta's Heritage Savings Trust Fund was valued at $16.3 billion on March 31, its lowest point since 2011-12, according to the fund ...

Norway’s sovereign wealth fund, also based on energy surpluses, stands at $2.5 trillion in Canadian dollars, 10 times the size of the projected Alberta Heritage Fund in 2050.

AIMCo expansion, Alberta's investment focus were sources of tension before purge, sources say. Barbara Shecter . Fri, Nov 8, 2024, 5:55 p.m. 5 min read. In This Article: ... “We’ll be releasing our ...