The government estimates that the Heritage Fund will be valued at $19.6-billion at year-end 2022-23. A Fraser Institute study from last year has shown that the fund would be worth approximately twice its value today if it had been inflation proofed since inception. Where did Alberta’s Heritage Fund go? Since the Fund was created in […]
Category: Alberta
Why Did Alberta Stop Producing Oil?
The province fell into a recession in 2014, when the price of oil plummeted, putting Alberta in a tough financial position and forcing many oil and gas workers out of a job. What happened to the oil industry in Alberta? The industry itself is doing very well — total oil production in Alberta hit an […]
Can A Tenant Refuse Entry To Landlord Alberta?
The landlord does not need the tenant’s consent to enter the property. If the tenant is concerned about not being present at the time of entry, they can contact the landlord to see if they can work out an alternate time that would work best for both of them. Can a tenant refuse access to […]
How Many Drilling Rigs Are Working In Alberta Right Now?
Active Drilling Rigs RIG ACTIVITY TYPES October Unadjusted 2021 Active drilling rigsActive drilling rigs 127 Inactive drilling rigsInactive drilling rigs 205 Who has the most drilling rigs in Canada? Top Oil & Gas Operators by drilling rig count: Cenovus Energy Inc. ( Province by drilling rig count: Alberta (136), BC (7), Sask (48) How many […]
How Many Pump Jacks Are In Alberta?
In their home province of Alberta 8,000 pumpjacks come online a year and there more than 150,000 currently operating pumpjacks in Canada’s most resource-rich province. Funny enough it was the world of renewable energy that inspired the Enersaver pumpjack controller in the first place. Are pump jacks still used? Over 96% of oil wells require […]
Does Alberta Have The Most Dinosaurs?
The Canadian province of Alberta is home to the richest source of dinosaur fossils on the planet, along with numerous world-leading museums, research facilities and attractions all related to these mesmerising prehistoric creatures. Why does Alberta have so many dinosaurs? When the last ice age ended 13,000 years ago, water from melting ice carved the […]
How Many Heritage Rangelands Are There In Alberta?
The provincial government owns 60% of Alberta’s landmass but most of this has not been formally protected.List of protected areas of Alberta. Alberta Parks Natural Areas 139 1,299 km2 (502 sq mi) Heritage Rangelands 2 120 km2 (46 sq mi) National Parks 5 63,045 km2 (24,342 sq mi) Total 476 90,747 km2 (35,038 sq mi) […]
Which Alberta Premier Spent The Heritage Fund?
Premier Peter Lougheed. The Alberta Heritage Savings Trust Fund (HSTF) is a sovereign wealth fund established in 1976 by the Government of Alberta under then-Premier Peter Lougheed.Alberta Heritage Savings Trust Fund. Fund overview Fund executive Ron Orr, Chair of the Standing Committee on the Alberta Heritage Savings Trust Fund Where did Alberta’s Heritage Fund go? […]
What Fossil Fuel Is Mined In Alberta?
The fossil fuels found in Alberta are coal, oil and natural gas and we have relied on these resources for many decades. What fossil fuels are found in Alberta? About 89% of electricity in Alberta is produced from fossil fuels– approximately 36% from coal and 54% from natural gas. The remaining 10% is produced from […]
How Much Natural Gas Does Alberta Export?
In August 2022, natural gas exports for Alberta was 114,911 thousand cubic metres. Where does Alberta’s natural gas go? More than half of the natural gas consumed in Alberta is used by the industrial sector. It is used in petroleum refining, metal, chemical, plastic, food processing, glass and paper industries. The ingredients for plastic, anti-freeze, […]