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The Alberta Heritage Savings Trust Fund currently has an annual rate of return of 7%, which is not too shabby at all, but the government of the province wants to boost this to 9% by 2050.
Canada’s top oil-producing province of Alberta plans to boost its wealth fund roughly tenfold to C$250 billion ($173 billion) by 2050 in a bid to wean itself off volatile natural resources revenue.
Alberta plans to boost its wealth fund roughly tenfold to $250 billion by 2050 to wean itself off natural resources revenue. Find out more ... The government formed a corporation to oversee the $24.3 ...
EDMONTON — Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp., which oversees more than $160 billion in funds, including pension funds and the ...
Learn what a trust fund is, how to set one up, and the types of assets it can hold. Subscribe ... So, some trust funds last indefinitely. However, rules vary by state.