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SK: Build a Saskatchewan Heritage Fund

Saskatchewan

Click here for a printable version.

To Premier Scott Moe:

Saskatchewan is blessed with abundant non-renewable resources, but they come with challenges as government spending rises in good times and leaves deficits in tough times. We need to save some money when revenues are high so that investment returns can help in tough times.

Here is how you can set one up:

    1. Hold a referendum so voters can show their support for a Heritage Fund and make sure future governments know they can’t raid the fund without asking the people;
    2. Cap government spending of non-renewable resource revenues and put any money above that into debt reduction until it’s paid and after that redirect the money to a Heritage Fund; and,
    3. Make it illegal for the government to spend the principal in the fund – it can spend the investment income, but it can’t touch the nest egg.

We the undersigned call on the Saskatchewan government to create a Heritage Fund.
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