Although it is not a statutory holiday, many Albertans use this day as an optional holiday to celebrate the province's heritage. Here are some family-fun ideas for those lucky enough to have it off.

But with the government poised to reveal a budget awash in red ink, observers say Alberta’s rainy-day reserves that sit outside the Heritage Fund ... just under $6.5 billion and will commit ...

The Alberta ... the Alberta Heritage Savings Trust Fund. Established in 1976 by Peter Lougheed's Progressive Conservative administration, the idea is to maintain a rainy day fund.

Heritage Day was first declared a holiday in 1974 to celebrate the rich cultural diversity Alberta has to offer.