Friday, August 28, 2009

Alberta's Heritage Fund

Interesting comparisons

Alberta's Heritage Fund founded in 1976 Balance March 31 2009 $14 Billion

Norway's Petroleum Fund Started with $285 million USD in 1995 as of June 2009 Balance $395 Billion US

Alaska's Permanent Fund started in 1977 with $734,000 US as of March 2008 Balance of $28 Billion US, from 1982-2008 the Fund as paid out $29605.41 to every man, women, and child that's an average of $1096.50 per year.

Just something to think about.

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