Tuesday, March 25, 2008

Heritage trust fund on the way out!

The announcement of the amalgamation of the credit unions into one large company with Mr. Jim Dinning heading up the board of the yet to be named company puts all the pieces in place. There goes the farm!

Mr. Dinning who is also the chair of the Western Financial Group will be the person who controls the purse strings on the Alberta Heritage and Savings Trust fund.

One has to wonder what kind of transparency will be provided to Albertans as to the health and well being of this fund and, what access will there be by this province. How much is it going to cost us to turn this money over to a private company? You can bet at the end of the day the Conservatives Friends will be much richer and the province will be much poorer.

John Clark
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