Report Compares Alberta's Resource Management to Norway's Model

The University of Calgary commissioned a report comparing Alberta's resource management to Norway's model, examining tax bases, trade flows, and transition costs. The report discusses the potential for a separate Alberta to achieve a high credit rating by building up assets in the Heritage Fund. It notes that while Alberta established a savings trust fund in 1976, the discipline to save has since diminished.

The report's projections rely on the assumption that a separate Alberta could maintain the institutional discipline required for fiscal stability. It contrasts this with Norway, whose resource fund holds over $1 trillion, versus Alberta's current annual generation of $2.4 billion. This comparison raises questions about the long-term fiscal sustainability of Alberta's current governance model.