The Canadian Taxpayers Federation believes a heritage fund should be created in Saskatchewan
In a release issued Thursday Federation prairie director Todd McKay says it is his belief a heritage fund, which would basically be a savings account for non-renewable resource revenues, is something the people of the province wants.
The province used to have a heritage fund as it was set up in 1978, but dissolved in 1992.
McKay feels with the province battling a one billion dollar deficit, this is the ideal time to set up a fund as the province has been forced to reduce its dependence on non-renewable resource revenue like oil, potash and uranium. He adds it would also mean more stable budgets in the future.
McKay says having a heritage fund is just “common sense”.