Quote:
Originally Posted by Hack&Lube
The Alberta government has demonstrated no ability to forecast, plan, and secure for the future monetarily.
If our rainy day fund didn't keep getting dipped into and abused, then maybe. Norway copied our plan but they actually used it properly to reinvest their O&G money and now their citizens are sitting on bank while we are sitting on uncertainty.
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I generally agree with you, but I also wonder if there is an alternate universe where Alberta did that and what happened. I'm not sure that the rest of the country would be super cool with a province having say $500bn in a fund. I have a feeling that would create a lot of problems.