Saturday, March 20, 2010

bringing sovereign income hedging to Alberta

I have not had much blogging opportunity in recent weeks, not least because it requires a fair bit of set up to worm through the Great Firewall of China to blog.

But this is quick note to ask current and potential Wildrose Alliance members to contact me at bdell555 [at] if they are interested in adding their name to a proposal I hope to float at the AGM in 3 months, namely, a proposal calling for hedging of natural resource revenue. The P"C" government essentially made a mockery of its own Fiscal Responsibility legislation in the last decade, such that I think Wildrose should try to be more imaginative in terms of the legislation it proposes on this front. The best way to control spending is to not let politicians get their hands on temporary windfall revenue in the first place.

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