The Canadian Press

2015-04-10 | Alberta Elxn PCs

Preview Clip

Alberta P-C leader Premier Jim Prentice says it is time to restore the Heritage Savings Trust Fund to its original form. Prentice says previous governments have strayed in using the fund which was set up by former Tory premier Peter Lougheed as a rainy day fund for future generations. He says there needs to be less reliance on energy revenues. (Prentice says he expects 25 per cent of energy revenues will be funneled into the fund.)

Date: 2015-04-10
Placeline: CALGARY.
Source: The Canadian Press
Length: 24 seconds

Transcript Prediction: << in the plan that we put forward we will reduce our dependency on energy Revenue by year four and five we will have that dependency down to 50% which is the appropriate balance if we carry forward on that basis we will have the Heritage fund figure something like thirty billion dollars by year and from there it will really start to accelerate >>