EXCLUSIVE HANNAFORD: Smith's save now, spend later plan gets a boost

With today’s $2.8 billion contribution announced earlier today by a clearly elated Premier Danielle Smith, Alberta’s Heritage Fund reached $30 billion — almost double what it was five years ago.

For the premier, this is an old goal — she was writing 25 years ago that instead of spending resource revenues as they are received, Alberta should build up a fund to make up for when those resources, and the funds they generate, are exhausted.