Alberta's Heritage Energy Fund vs. Norway's Prosperity Fund compared

[J0E]

http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/">http://www.theglobeandmail.com/report-o ... e25973060/">http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/



....with less than 1/10th the oil reserves of Alberta, Norway has managed to amass an Energy fund worth over 1 trillion dollars.



By contrast, all that Alberta has to show is less than $20 billion, one of the lowest savings rates of ANY sovereign oil funds in the world.



...where'd all the money go?



...no wonder Albertans threw out the Conservative government and elected the NDP.

[Anonymous]

http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/">http://www.theglobeandmail.com/report-o ... e25973060/">http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/



....with less than 1/10th the oil reserves of Alberta, Norway has managed to amass an Energy fund worth over 1 trillion dollars.



By contrast, all that Alberta has to show is less than $20 billion, one of the lowest savings rates of ANY sovereign oil funds in the world.



...where'd all the money go?



...no wonder Albertans threw out the Conservative government and elected the NDP.

The only problem is that the NDP wants to waste even more money than the PC's..



Politicians, what are they good for?

 ac_dunno

[cc]

firewood?  



wait, wait, they don't even burn well



 ac_smile