Investing Wisely Project
The Investing Wisely Project has explored two key issues:
1. The case for saving a larger portion of Alberta's non-renewable natural resource revenue for future use; and
2. Creative and strategic ways of using the earnings on the savings to transform the province in positive ways.
The project was funded by over 60 foundations, businesses, and individuals.
Calgary Herald/Edmonton Journal Newspaper Article Series
- Ten Ways to Spend Begins With Bulking Up Our Savings Fund by Roger Gibbins and Robert Roach
- Creating the Butterfly Effect by Martha Piper
- All Aboard for Alberta’s Future by Fred Stenson
- A Revolution Needed in R & D by Deborah Yedlin
- Make the Fund Pay Dividends by Allan Warrack
- Show the Money, We'll Be Creative by Lance Carlson
- Prevention a Key to Better Health by Penny Hawe and Alan Shiell
- How to Power the Green Theme by Sydney Sharpe
- Boom Barren Without Culture by Aritha van Herk
- Alberta's Ready for a SURE Thing by Curtis Gillespie
- Green Cities are Great Cities by Byron Miller
Individual Chapters from Alberta's Energy Legacy
- "Save Your Money!" by Robert Roach
- "Alberta's Money Jars" by Brett Gartner
- "The Butterfly Effect" by Martha Piper
- "All Aboard" by Fred Stenson
- "Metamorphosis" by Deborah Yedlin
- "Whither a Heritage Fund Public Dividend Policy?" by Allan Warrack
- "Alberta by Design" by Lance Carlson
- "An Apple a Day" by Penny Hawe and Alan Shiell
- "Alberta on the Enivronmental Cusp" by Sydney Sharpe
- "Atelier Alberta" by Aritha van Herk
- "Green Cities Are Great Cities" by Byron Miller
- "A SURE Thing" by Curtis Gillespie
"The answer is surprisingly simple: save when times are good and use the earnings from what is saved to create a steady stream of provincial revenue that is there when times are good and when they are bad. The point is not to save when prices are high and spend when prices are low by drawing down a "rainy day fund." Rather, the goal is to create a strategy that generates dependable revenue in perpetuity. Once this strategy is in place, the next step is to have an informed debate about what to do with the earnings. Should they be used to keep taxes low, to fund conventional programming, or to create new opportunities?"
--Jim Gray