Saving up for a rainy day, or for retirement, is a challenge most people understand, but can governments be persuaded to take the same approach? Now is the time for British Columbians to discuss what kind of fund the province needs and what we can realistically expect it to deliver
This report reviews the objectives and general practices of sovereign wealth funds, examines examples of funds used around the world, and offers four broad recommendations of good practices BC should pursue. We encourage all British Columbians to join a conversation about what the BC Prosperity Fund might become.
UPDATES: Read what Advisory Council member Bud Smith had to say about the report in The Victoria Times-Colonist. Vancouver Sun columnist Don Cayo also discussed our findings here.