Government introduces changes to the Future Fund

Minister of Finance and President of Treasury Board Craig Pardy has introduced amendments to the Future Fund Act in the House of Assembly. The aim of the amendments is to restructure the fund to better align with the government’s priority to spend smarter.

The fund was established by the previous Liberal Government back in 2023, with the intention of setting aside funds – in the form of annual contributions – to strengthen the province’s finances and service debt.

The proposed amendments would remove the requirement for mandatory, annual contributions and limit the ability to withdraw funds.