Mark Anielski

Canadian debt servicing from government, mortgage, and consumer debt was estimated at $216 billion in 2023 which represents nearly 9.0% of Canada’s GDP and 18.3% of Canadian household total spending ($1,181 billion).

Interest payments on US federal debt are projected to reach $892 billion in fiscal year 2024, representing approximately 13% of total federal spending and exceeding US military spending. This amount is expected to rise rapidly over the next decade, reaching $1.7 trillion by 2034

Alberta's Heritage Savings and Trust Fund (AHSTF) (1976-2023) compared to Norway's Government Pension (Oil) Fund from 1996- 2023. In 2023 the AHSTF had a fund equity value of US$16.0 billion while Norway's fund had a value of US$1,438 billion or nearly 90 times larger.

Norway's Government Pension Fund had a market value of US$ 1,291 billion in 2022 compared to Alberta's AHSTF which was valued at $18.9 billion (CDN) or US$14.5 billion in 2022 (2nd Q). Norway established its savings fund in 1990 modelled after Alberta.

had Alberta continued to a) save 30% of its oil and gas royalties in the Alberta Heritage Trust Fund between 1986 -2022 , b) maintained royalties at 25% of the value of oil and gas sales and c) averaged 5% annual return on the Fund we would have over $450 billion in savings

Lougheed's government collected the highest percentage of oil and gas sales through royalties averaging 27.8% of the value of sales between 1971-1985. That percentage declined sharply in 1986 when oil prices collapsed. The lowest royalty collection was in 2015….

This graphic shows the oil and gas royalties collected by the Alberta Government between 1970 and 2023 (projected) as a percentage of the total value of Alberta petroleum products (the red line). The blue-dotted line shows Alberta's total production of all oil and gas.

@LewisCardinal Well deserved Lewis... You should have also received silver bells to reflect your contribution to the legacy of treaties since Queen Anne met with the Haudenosaunee at St James Palace in 1710. The Covenant Chain treaties live!

I'm honoured to have received Queen Elizabeth II's Platinum Jubilee Medal for my contributions to Alberta. It was unexpected and I appreciate those who nominated me. Thank you. And what made it even more special is to have received it on my birthday.

Listen to "#104 Jennifer England: On Being and Leadership Wisdom" by The Economics of Well-Being podcasters.spotify.com/pod/show/mark-…

Dr. Brian Fleck, mechanical engineering professor at the University of Alberta discusses resilience in these challenging times on the Economics of Well-being podcast. anchor.fm/mark-anielski/…

Listen to "The Economy of Well-being' podcast with business coach and author Ben Johnson talk about why we work and money, money, money. anchor.fm/mark-anielski/…

Listen to Mr. Don Pare, entrepreneur, business startup mentor and business ethics teacher on the Economics of Well-being podcast anchor.fm/mark-anielski/…

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Listen to "Dr. Jennoa Graham" on the Economy of Well-being Podcast talking about financial literacy, well-being and accounting. anchor.fm/mark-anielski/…

Listen to "#87: Claudia Tordini and Richard Franklin: Building Family Wealth Trusts based on well-being" by The Economics of Well-Being . ⚓ anchor.fm/mark-anielski/…

#Alberta #oil production and $ billions in sales continues to rise for the past 11 years despite no additional #pipeline capacity. cbc.ca/news/canada/ca…

Listen to "#86: Paul Dunny: Measuring the Wellbeing and Happiness of Irish of Ireland" by The Economics of Well-Being . ⚓ anchor.fm/mark-anielski/…

Listen to "Jodi Stonehouse AFN chief June 21, 2021 - 2021-06-21, 3.25 PM" by Mark Anielski ⚓ anchor.fm/mark-anielski/…

Thomas Aquinas reminds us of the definition of unjust governance either by tyrants or oligarchs

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