Tim Pickering, CIO of Auspice Capital, has been lobbying for the provincial government of Alberta to hedge against the performance of oil. He says Alberta has neglected to take advantage of this investment strategy even after acknowledging in their own 2014-15 budget that they stood to lose $2.15-billion for every $10 decrease in WTI, which ultimately resulted in an estimated $13-billion decline in revenues since 2014 . He tells us what he plans to say to the government and why a hedging policy may be the best solution for the province and the industry.