Alberta’s Rainy Day Fund Hits $30B
ALBERTA, CANADA, JUL 18 – The $2.8 billion investment raises the Alberta Heritage Fund to $30 billion, nearly doubling its size in five years and aiming for $250 billion by 2050 to ensure economic stability.
- Alberta's Heritage Savings Trust Fund reached a record $30 billion on July 18, 2025, following a $2.8 billion new infusion.
- The fund was created in 1976 to offset future gaps from oil and gas royalties and aims to shield the budget from revenue volatility.
- Premier Danielle Smith's government established the Heritage Fund Opportunities Corp. last year to accelerate fund growth and manage new assets.
- Finance Minister Nate Horner emphasized that past experience shows the fund cannot succeed without clear policies to preserve its earnings and make contributions when possible, and he highlighted projections that the fund could reach $250 billion by 2050.
- The $2.8 billion addition came from a $8.3 billion surplus, with plans for future governments to spend returns without draining the fund while aiming to reach the $250 billion target.
23 Articles
23 Articles
Alberta Heritage Fund hits $30B, eyes $250B goal by 2050
Alberta’s Heritage Savings Trust Fund has hit a record high of $30 billion after a $2.8-billion deposit from the province’s 2024–25 surplus, the province announced on Friday.“It is a great day for Alberta and for Albertans and for the future,” said Alberta Premier Danielle Smith at Friday’s press conference.She explained that despite former premier Peter Lougheed’s foresight in establishing the fund, it had barely grown over the last four decade…

Alberta rainy day Heritage Fund hits $30B after injection of $2.8B from surplus
Alberta’s rainy-day Heritage Fund is getting an extra $2.8 billion, hitting a record high of $30 billion, which is almost double what it was five years ago.
Coverage Details
Bias Distribution
- 61% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium