Plan for the future by not leaning into the upswing of a boom and bust cycle. Governments encouraged more development, accentuating the cycle.<p>Governments could also have established rainy day funds. Alberta has one, but they haven&#x27;t added anything to it since 1987. Canada as a whole has none (this is somewhat reasonable, as the federal government doesn&#x27;t have jurisdiction over natural resources)<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Alberta_Heritage_Savings_Trust_Fund" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Alberta_Heritage_Savings_Trust...</a>