{"id":83051,"date":"2015-02-12T11:59:00","date_gmt":"2015-02-12T12:59:00","guid":{"rendered":"https:\/\/resourcework2.devstudio.work\/?p=83051"},"modified":"2024-11-12T09:41:54","modified_gmt":"2024-11-12T09:41:54","slug":"exploring_the_potential","status":"publish","type":"post","link":"https:\/\/resourcework2.devstudio.work\/?p=83051","title":{"rendered":"How not to squander our resource wealth"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>UPDATES: Read what Advisory Council member Bud Smith\u00a0<a href=\"http:\/\/www.timescolonist.com\/opinion\/op-ed\/comment-prosperity-fund-part-of-wise-resource-management-1.1759849\" target=\"_blank\" rel=\"noreferrer noopener\">had to say about the report<\/a>\u00a0in The Victoria Times-Colonist. Vancouver Sun columnist Don Cayo also discussed our findings\u00a0<a href=\"http:\/\/www.vancouversun.com\/business\/Cayo+Where+Christy+Clark+plan+save+some+revenue+from+rich+resources\/10830673\/story.html\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"616\" height=\"774\" src=\"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2015\/02\/Prosperity.jpg\" alt=\"\" class=\"wp-image-84993\" srcset=\"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2015\/02\/Prosperity.jpg 616w, https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2015\/02\/Prosperity-239x300.jpg 239w\" sizes=\"(max-width: 616px) 100vw, 616px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><a href=\"https:\/\/d3n8a8pro7vhmx.cloudfront.net\/resourceworks\/pages\/237\/attachments\/original\/1423861404\/Exploring_the_potential_of_BCs_Prosperity_Fund.pdf?1423861404\">Click here to download<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u00a0the province\u00a0needs and what we can realistically expect it to deliver<\/p>\n","protected":false},"author":9,"featured_media":84992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[290,289,291,292,210,199],"class_list":["post-83051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-finances","tag-norway","tag-prosperity-fund","tag-reports","tag-research","tag-revenues"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How not to squander our resource wealth -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/resourcework2.devstudio.work\/exploring_the_potential\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How not to squander our resource wealth -\" \/>\n<meta property=\"og:description\" content=\"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\u00a0the province\u00a0needs and what we can realistically expect it to deliver\" \/>\n<meta property=\"og:url\" content=\"https:\/\/resourcework2.devstudio.work\/exploring_the_potential\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/resourceworks\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-12T12:59:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-12T09:41:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2015\/02\/post-image-86.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Resource Works\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" 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