Alberta
Alberta government should pay dividends to Albertans from Heritage Fund
From the Fraser Institute
By Tegan Hill and Joel Emes
Despite promising in February to rebuild the Heritage Fund to help eliminate Alberta’s reliance on resource revenue, last month Alberta Premier Danielle Smith said she plans to use income from the fund to “assist in de-risking projects” in the oil and gas sector (in other words, projects that can’t secure financing from private lenders). Clearly, if Alberta has any hope of building up the Heritage Fund, it needs robust fiscal rules to help ensure governments responsibly grow the fund—and don’t raid it for other purposes.
The Lougheed government created Alberta’s Heritage Fund in 1976 to save a share of the province’s resource revenue for the future. Since its creation, however, governments have only contributed resource revenue in 11 out of 48 years of the fund’s existence, and just 3.9 per cent of total resource revenue has been deposited in the fund over its lifetime. Instead, governments have largely spent away onetime resource revenues, contributing to Alberta’s boom-and-bust cycle, rather than saving a share of resource revenue to turn it into a financial asset that can generate steady income over time.
While Premier Smith says she wants to build up the fund so its investment income (i.e. earnings) can eventually replace resource revenue in the budget, the fund’s earnings in 2023/24 are a projected $2.1 billion compared to a projected $19.4 billion in resource revenue. Obviously, Alberta needs a new approach to grow the fund. On this front, it can look to Alaska’s experience with its Permanent Fund, which was also created in 1976 but has grown much larger over time.
Unlike Alberta’s Heritage Fund, Alaska’s fund operates under robust fiscal rules. First, according to Alaska’s constitution, the state government must deposit at least 25 per cent of all mineral revenues into the fund each year. Alberta could introduce a similar constitutional rule.
In addition, a share of the Alaska fund’s earnings are set aside each year to ensure that the principal of the fund is not eroded through inflation. Alaska also prohibits use of the principal without approval by a referendum; the government may only spend the earnings of the fund (minus what’s needed to inflation-proof the principal).
And crucially, there’s the dividends—a topic that would surely pique the interest of many Albertans. In Alaska, the government pays a share of the fund’s earnings to Alaskan citizens via a dividend, which has helped support growth in the fund over the long term. By giving citizens an ownership share in the state’s resource fund, Alaskans recognize their vested interest and demand that the state maximize returns. Put simply, due to the annual dividend, Alaskans want the government to maintain the Permanent Fund’s health. And any government that tried to use the fund for irresponsible purposes would face the ire of Alaskan voters.
Which brings us back to Alberta. If the Smith government began contributing 25 per cent of resource revenue to the Heritage Fund and inflation-proofing the principal this year, it could pay each Albertan a dividend worth between $148 to $297 in 2024/25, equivalent to $594 to $1,187 per family of four. From 2024/25 to 2026/27, each Albertan could receive a total of $571 to $1,108 in dividends, equivalent to $2,284 to $4,430 per family of four. And as the fund grows, so would the dividends.
The Smith government has promised to rebuild the Heritage Fund, yet at the same time wants to use the fund’s earnings to “assist in de-risking” energy projects in the province. Without a mechanism to ensure growth of the fund, it will remain vulnerable to the whims of governments. Alberta should learn from Alaska’s success and start paying annual dividends to Albertans.
Authors:
Alberta
Thousands of Albertans march to demand independence from Canada
From LifeSiteNews
Thousands of Albertans marched upon the province’s capital of Edmonton this past Saturday in the “I Am Alberta Rally,” calling for the province to immediately secede from Canada in light of increasing frustration with the Liberal federal government.
The rally saw an estimated 20,000 to 30,000 people march on the steps of the Alberta legislative building, demanding that a referendum be held at once to allow Alberta to leave Canada.
“We can’t delay. We can’t slow down,” well-known freedom lawyer Keith Wilson said at the rally as he spoke to the crowd.
“This is our moment. This is our future. For our families, for our children, for Alberta. Alberta will be free.”
The group behind the rally, the Alberta Prosperity Project (APP), bills itself as a sovereignty advocacy group. As reported by LifeSiteNews earlier this year, the APP wants to put Alberta independence to a question to the people via a referendum.
The rally also comes after certain members affiliated with the APP such as Jeffrey Rath and Dr. Dennis Modry earlier the month met in Washington, D.C. with cabinet-level U.S. politicians to discuss Alberta’s potential independence from Canada.
U.S. President Donald Trump has routinely suggested that Canada become an American state in recent months, often making such statements while talking about or implementing trade tariffs on Canadian goods.
The APP on July 4 applied for a citizen-led petition presented to Elections Alberta that asks, “Do you agree that the Province of Alberta shall become a sovereign country and cease to be a province in Canada?”
The group is hoping to have the referendum on the ballot as early as next year and has accused the Liberal federal government of encroaching on Alberta’s ability to manage its own affairs.”
The group says an independent Alberta would allow it to “keep our resources, grow our economy, and reinvest in Alberta families, businesses and infrastructure.”
As it stands now, the referendum question has been referred to the courts to see whether or not it can proceed.
Alberta Conservative Premier Danielle Smith does not support a fully independent Alberta. However, she does advocate for the province to have more autonomy from Ottawa.
As reported by LifeSiteNews, Smith said her conservative government will allow but not support a citizen-led referendum on independence.
Despite not advocating for an outright separate Alberta, Smith’s government has not stood still when it comes to increasing provincial autonomy.
Smith’s United Conservative government earlier this year passed Bill 54, which sets the groundwork for possible independence referendums by making such votes easier to trigger. The bill lowers the signature threshold from 600,000 to 177,000.
As reported by LifeSiteNews last week, Smith’s government introduced a new law to protect “constitutional rights” that would allow it to essentially ignore International Agreements, including those by the World Health Organization (WHO), signed by the federal Liberal government.
The calls for independence have grown since Liberal leader Mark Carney defeated Conservative rival Pierre Poilievre.
Carney, like former Prime Minister Justin Trudeau before him, said he is opposed to new pipeline projects that would allow Alberta oil and gas to be unleashed. Also, his green agenda, like Trudeau’s, is at odds with Alberta’s main economic driver, its oil and gas industry.
Alberta
Premier Smith sending teachers back to school and setting up classroom complexity task force
Taking action on classroom complexity
As schools reopen, Alberta’s government is taking action by appointing a class size and complexity task force to meet the challenge of increasingly complex classrooms.
Across Alberta, teachers are seeing more students with diverse learning needs and behavioural challenges, while incidents of classroom aggression are rising. To address these challenges head on, and in response to concerns raised by teachers, Alberta’s government will be appointing a Class Size and Complexity Task Force.
We recently formed the Aggression and Complexity in Schools Action Team to identify practical classroom focused solutions. Alberta’s government has received the action team’s draft final report and will use its recommendations to create a roadmap for safer classrooms. Alberta’s government will release the final report, and the task force will implement solutions, work with school boards to gather more data on classroom complexity and begin work to replace the 2004 Standards for Special Education.
“Teachers have made it clear that addressing classroom complexity and safety are among the most critical improvements needed in our education system. We are taking real action to meet those needs by strengthening classroom supports, hiring more teachers and educational assistants, and acting on the recommendations of the Aggression and Complexity in Schools Action Team. Parents, teachers and students all want the same thing – safe and supportive classrooms where every child can succeed.”
Teachers are vital to the success of Alberta’s education system. Over the next three years, school boards will be provided with funding to hire 3,000 teachers and 1,500 new education assistants to support students with complex needs. These funds may also be allocated to additional student support through assessments for complex needs, occupational therapy, physiotherapy or speech-language pathology, and other in-the-classroom supports.
“No teacher should ever be harmed while doing their job. We know that aggressive incidents have gone up sharply in recent years, and classrooms are becoming more complex. That’s why we’re doubling down on efforts to make classrooms safer and to give extra support to students who need it. Our goal is to create learning environments where every student can succeed.”
In November, Alberta’s government will work with school boards to gather information and data about class sizes and composition to ensure students are receiving the support they need. Information will be made available as soon as it is available and will be released annually thereafter.
Quick facts
- Between July and September 2025, the action team conducted engagement sessions with teachers, education partners and school boards through in-person and virtual sessions.
- This included front-line educators, families, disability organizations, community agencies, early learning experts and social service professionals.
- Budget 2025 included $55 million to help address classroom complexity – a 20 per cent increase from the previous year.
Getting Alberta’s kids back to school
If passed, Bill 2, the Back to School Act, will restore stability in Alberta’s education system and ensure students can return to learning without further disruption.
The ongoing teachers’ strike has disrupted classrooms across Alberta, setting back student learning and deepening achievement gaps. Each day schools remain closed, students lose critical instructional time, routine and support. This proposed legislation will end the strike and establish reasonable terms for a new teacher collective agreement.
“This strike has gone on long enough. It’s clear there’s no path forward unless we act. The Back to School Act refocuses everyone on what matters most, the education of Alberta’s students. Bill 2 puts students back at the centre of our system, while we continue to work with teachers and families to build lasting stability in Alberta’s schools.”
The Back to School Act legislates the terms of the September 2025 tentative agreement, which provided a 12 per cent salary increase over four years, additional market adjustments of up to 17 per cent for most teachers, and the hiring of 3,000 teachers and 1,500 educational assistants. The collective agreement will be in effect from Sept. 1, 2024, to Aug. 31, 2028.
“The time for labour stability is now. This legislation provides a positive path forward despite an interrupted school year. This is a necessary step and the most responsible decision for kids, teachers and parents. If Bill 2 is passed, it is my hope that classes will resume as soon as Wednesday, October 29.”
The last deal put on the table by the Alberta Teachers’ Association demanded an additional $2 billion from government. This was a clear display that the union had no intention to bargain in a reasonable manner with the government and present a fair offer.
“We believe invoking the notwithstanding clause is a necessary measure to end the undue hardship caused by the teacher strike. This strike has reached a point that is causing irreparable harm on student learning. Our government will not hesitate to use every available legal tool in defence of students.”
This legislation is the only responsible path forward to restore stability, protect students and ensure Alberta’s classrooms focus back on learning. Alberta’s government remains fully committed to strengthening the education system, supporting teachers, and putting the success and well-being of students at the heart of every decision made.
Key facts
- Bill 2 would end the province-wide teachers’ strike and legislates a new collective agreement.
- The agreement covers Sept. 1, 2024, to Aug. 31, 2028 and provides:
- A 12 per cent salary increase over four years.
- Additional market adjustments of up to 17 per cent for 95 per cent of members.
- 3,000 new teachers and 1,500 educational assistants to reduce class sizes and enhance support.
- These terms reflect the September 2025 tentative agreement recommended by the Alberta Teachers’ Association leadership.
- The legislation includes financial penalties for non-compliance and suspends local bargaining during the agreement to ensure labour stability through 2028.
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