Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund is a public savings fund established in 1976 by the government of Alberta, Canada. Its primary purpose is to invest a portion of the province's resource revenues, particularly from oil and gas, to benefit future generations. The fund aims to provide financial stability and support various public programs.
The fund is managed by the Alberta Investment Management Corporation and has grown over the years through careful investment strategies. Earnings from the fund are used to support government initiatives, infrastructure projects, and other public services, ensuring that the wealth generated from natural resources contributes to the long-term prosperity of the province.