What happens to the investment income earned by the Heritage Fund?
The investment income earned by the Heritage Fund, less the amount retained in the fund for inflation proofing, is transferred to the province’s main operating fund, the General Revenue Fund, to help pay for priority programs. Over the past 31 years, investment income from the Heritage Fund has benefited Albertans in many ways. Approximately $30 billion in investment income has been transferred to the province’s General Revenue Fund to support program spending in areas such as health care, education, infrastructure, debt reduction and social programs.
The investment income earned by the Heritage Fund, less the amount retained in the fund for inflation proofing, is transferred to the province’s main operating fund, the General Revenue Fund, to help pay for priority programs. Over the past 34 years, investment income from the Heritage Fund has benefited Albertans in many ways. Approximately $32 billion in investment income has been transferred to the province’s General Revenue Fund to support program spending in areas such as health care, education, infrastructure, debt reduction and social programs.
Related Questions
- Did the Fund pay a year-end dividend? If so, what was the record and pay dates, the amount, and was the dividend from capital gains or from net investment income?
- What happens if my investment is received by the Fund after the end of the current quarter?
- What happens to the investment income earned by the Heritage Fund?
