Alberta Premier Danielle Smith took to the airwaves on Feb. 21 to tell the province her government wants to rebuild the Alberta Heritage Fund as a way to move the province off the boom-and-bust cycle of an economy that depends heavily on oil.
“In 2023, our province required about $16 billion of resource royalties just to balance our roughly $70 billion provincial budget,” Ms. Smith said in her address to the province ahead of releasing her government’s budget.
