Alberta's Trillion Dollar Mistake
Fifty years ago, Alberta had a chance to build one of the greatest sovereign wealth funds in the world. It could have been a trillion-dollar province.
This episode, host Sam traces the full story of the Alberta Heritage Savings Trust Fund: the booms, the busts, and the mistakes made along the way. How did the richest province in Canadian history end up with almost nothing saved?
And now that Mark Carney is trying to build something similar for the whole country, does Ottawa actually know what it's doing, or is it about to make the same mistakes all over again?
Host: Sam Konnert
Credits: Aviva…
The skinny
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