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With that kind of cash, Alberta could buy B.C. and build as many pipelines as it liked to tidewater. I’m not sure the Smith government can pull off their dream of a $250-billion Heritage Fund in ...
The Ontario Teachers’ Pension Plan, which manages about C$256 billion in assets, on par with Alberta’s goal for the Heritage Fund, averaged 7.2 pecent in the five years through 2023.
Alberta is seeking ways to improve the return rates of its wealth fund and boost its size considerably, from about C$24.3 billion now to some C$250 billion, or $173 billion, Bloomberg has reported.