The Standing Committee on the Alberta Heritage Savings Trust Fund is an all-party committee consisting of nine Members of the Legislative Assembly of Alberta. It approves the annual report and reviews the quarterly reports on the Fund. As well, the Committee holds public meetings with Albertans on the Fund's investment activities and performance. The Committee also reports back to the Legislative Assembly on whether the mission of the Fund is being fulfilled.
The Alberta Heritage Savings Trust Fund was created in 1976 with savings from Alberta’s nonrenewable resources. For more than 40 years the Fund has been invested with the aim to deliver the greatest financial returns for Alberta. While its capital has always been earmarked for the future, the Fund has been used to diversify the economy and meet the needs of a growing province. Since its inception it has contributed more than $43 billion to support spending in areas such as health care, education, infrastructure and social programs. For more information please read the Alberta Heritage Savings Trust Fund 2018-2019 Annual Report.