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They Should Buy More Real Estate

I felt worried about our personal losses in the stock market until I read this.

"Falling stock prices have sliced roughly $1 billion from the value of Alberta's rainy-day savings account, the Heritage Savings Trust Fund.

Finance Minister Iris Evans told the legislature Tuesday that the value of the Heritage Fund has been reduced to $16 billion since June, a drop of roughly six per cent. But she's downplaying the loss."

Posted by Todd & Danielle Millar on 10/15/2008 07:29 AM

Comments (2)

alberta advantage, alberta economy, edmonton real estate, hard asset investments, stock markets

This post has been included in Alberta Information Edmonton Region, AB Information

2 Comments on They Should Buy More Real Estate

OCT

2008

Oh, what is 16 Billion between the good paying tax payers of Canada. Don't you think you should just be happy? I think the whole world is suffering and I think the US news should do a little more reporting on you are friends to the north on how it is affecting you as well.

OCT

2008

Todd - I know we are still doing really well. The ramifications of the US market are incredible aren't they? However we aren't too badly off up North.

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Todd & Danielle Millar

Edmonton, AB

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