October 27, 2020

Albertans Invited to Discuss the Heritage Fund

The Legislative Assembly of Alberta’s Standing Committee on the Alberta Heritage Savings Trust Fund invites all Albertans to its annual public meeting on Thursday, October 29, 2020, at 7 p.m.
Category: Events News

“The Fund is an investment in our province’s future, so it is important that Albertans know how it is managed and how it is performing,” said Ronald Orr, MLA for Lacombe-Ponoka and Chair of the Committee. “The public meeting is an opportunity to have a conversation about the status and future of the Heritage Fund. The Committee looks forward to engaging with people from across the province about Alberta’s main long-term savings fund and its relevance both now and for future generations.”

Live Question-and-answer Session 
The meeting will include an update on the Fund’s performance by experts from Alberta Treasury Board and Finance and the Alberta Investment Management Corporation (AIMCo) and will be followed by a question-and-answer session, where Albertans can pose questions to the Committee and officials via telephone at 888.241.0394, through social media (Facebook @LegAssemblyofAB and Twitter using #abheritagefund) or via e mail (Committee.Admin@assembly.ab.ca). Please note the telephone number will only be active during the meeting. 

Members of the public can watch live on Alberta Assembly TV, online at assembly.ab.ca or via the Legislative Assembly’s social media channels. Limited seating is available to attend the meeting in person on the 2nd Floor of the Edmonton Federal Building at 9820 – 107 Street. Please note in-person attendees must pre-register via assembly.ab.ca/assembly-business/committees

About the Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund was created in 1976 with savings from Alberta’s nonrenewable resources. For more than 40 years the Fund has been invested with the aim to deliver the greatest financial returns for Alberta. While the Fund is required to keep pace with inflation by retaining a portion of its net income every year, additional income earned by the Fund has been used to diversify the economy and meet current needs. Since its inception it has contributed more than $44.5 billion to support spending in areas such as health care, education, infrastructure and social programs. For more information about the Fund, including copies of its most recent quarterly and annual reports, visit Alberta Heritage Savings Trust Fund

About the Standing Committee on the Alberta Heritage Savings Trust Fund
The Standing Committee on the Alberta Heritage Savings Trust Fund reviews the quarterly reports of the Fund, approves the Fund’s annual report and reports to the Legislative Assembly on whether the mission of the Fund is being fulfilled. The Committee is also required to hold an annual public meeting with Albertans on the Fund’s investment activities and performance. Visit assembly.ab.ca/assembly-business/committees/HS for details.


Janet Laurie, Communications Consultant
Mobile: 780.288.8069
E-mail: janet.laurie@assembly.ab.ca

Tracey Sales, Communications Consultant
Mobile: 780.862.6446
E-mail: tracey.sales@assembly.ab.ca