Record amount in the Heritage Fund says provincial government

The Government of Alberta says there’s now $30 billion in Alberta’s Heritage Fund, a new record.

In a news release issued Friday, the provincial government says it is contributing $2.8 billion from the 2024-25 budget surplus to the fund.

“Alberta is turning resource strength into lasting financial security. By growing the Heritage Fund, we’re strengthening core services like health care and education, while preserving the low-tax Alberta advantage,” Premier Danielle Smith said in a release.

“This $2.8-billion boost to the Heritage Fund is a bold step that sets the province on the path to success and puts Albertans first.”