Hands off Albertans Heritage Trust Fund

We, the undersigned, as Canadian Citizens, petition our government to protect the integrity and purpose of our Heritage Trust Fund and ensure it remains safeguarded from potential misuse and political interference.

We are deeply concerned about recent statements suggesting the potential use of the Heritage Trust Fund to invest in private businesses that have been turned down for funding by banks. This proposal contradicts the original promise that the fund would not be subject to political manipulation or favouritism.

The Norwegian Sovereign Fund, as a model of prudent investment, refrains from investing domestically to avoid issues such as politicization and corruption. We must adhere to similar principles to protect our Heritage Trust Fund from becoming a slush fund for businesses with political connections.

Given the premier’s recent history of awarding sole-sourced contracts to friends and campaign staff, we have significant concerns about the potential for our savings to be directed toward ventures that banks have deemed unviable. This raises alarming questions about the impartiality and security of our fund, and the need for immediate action to prevent further misuse.

If our current leadership allows the Heritage Trust Fund to be used for politically motivated investments, it sets a dangerous precedent. Regardless of political affiliation, future governments could similarly exploit the fund for their own agendas, undermining the trust and purpose of the savings meant for the long-term benefit of all Albertans.

We urge the government to uphold its original commitment to keeping the Heritage Trust Fund untouched and protected from political influence. The fund must remain a secure, hands-off investment dedicated to Alberta’s future prosperity, free from the risk of corruption and political favouritism.

We call upon the United Conservative Party and Premier Danielle Smith to respect sound financial management principles and keep their hands out of our Heritage Trust Fund. The government should stay out of the business of business, as Premier Smith herself has supported in the past.

Please sign this petition to demand that our Heritage Trust Fund remain a safeguarded, non-political asset dedicated to the long-term prosperity and financial security of all Albertans.