You would think with all of the money we have in this province, that would be the case. I like your idea of the endowment fund.
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Originally Posted by josh white
... trying to move the arts and cultural discussion over to this thread.
I really think that Alberta ought to use its wealth to its advantage in cultivating strong cultural activity. It really should be thought of not only as part of improving quality of life, but also as an economic development and diversification plan. Creative industries should become a key cog in Alberta's economy. It creates jobs, has different multiplier effects in the economy in areas like tourism. Beyond that, it has a huge intrinsic value.
I still stand behind my idea that surplus money should go to a large cultural endowment that would help make cultural institutions financially independent. Something like a $1 billion endowment.
Also adjusting tax laws to encourage more donations from Alberta's substantial corporate community.
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