Alberta, AIMCo

Alberta Fires Pension Manager’s Entire Board Over Costs, Returns
Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which said the money manager has increased compensation and staff but hasn’t produced acceptable returns.  Alberta Finance Minister Nate Horner will temporarily become the fund manager’s chairman and sole director as the government of the Canadian province overhauls the firm.
Alberta fires AIMCo board and CEO, NDP responds
Court Ellingson, Alberta NDP shadow minister for finance, issued a statement in response, calling the move “UCP incompetence.” “In an unprecedented move, the UCP fired the entire board and the CEO, and made their own politician—not an investment expert—the sole person in charge of over $170 billion of these Albertans’ pensions,” said Ellingson.
Alberta government dismisses entire AIMCo board, citing underperformance
The Alberta government on Thursday rescinded all board appointments at the Alberta Investment Management Corporation (AIMCo), including the board chair.
Alberta government fires AIMCo board citing rising costs, poor performance
Finance Minister Nate Horner said the reason is poor performance, with rising staffing and management fees coupled with a consistent failure to meet mandated benchmark returns.
Alberta dismisses provincial pension manager's entire board, citing low returns
Canada's main crude-producing province Alberta dismissed the Alberta Investment Management Corp's (AIMCo's) entire board on Thursday, saying the pension manager had underdelivered returns from the investments of provincial government funds it manages.
Alberta government fires AIMCo board to 'reset' pension management fund
For now, Finance Minister Nate Horner has been appointed the sole director and chair for AIMCo, according to the province.
Alberta government proposes new privacy law to safeguard personal information
The Alberta government seeks to overhaul privacy and access laws for the public sector, introducing legislation that ...
Times Colonist9h
Alberta forestry minister says wolverine, lynx trapping limits lifted to gather data
Tuesday, April 19, 2005. THE CANADIAN PRESS/AP-David Zalubowski EDMONTON, ALBERTA, CANADA — Alberta Forestry Minister ...
Alberta farmer convicted in deaths of Métis hunters has day parole extended
An Alberta farmer convicted of manslaughter in the deaths of Métis hunters Jacob Sansom and Maurice Cardinal in 2020 has been ...
cbc.ca on MSN1d
Tariffs and 'drill, baby, drill' — What Trump 2.0 could mean for Alberta's energy sector
With Donald Trump set to become the next president of the United States, some market watchers are feeling uneasy about what ...
CTV News1h
'People are still looking for them': Free at-home COVID-19 tests limited in Alberta
Albertans may struggle to find free at-home COVID-19 tests – and might need to pay for the ones they do find – now that the ...
Remembrance Day crosswalk in Alberta draws heavy praise online
A Remembrance Day crosswalk recently unveiled in the Town of Cochrane, just west of Calgary, has garnered plenty of positive ...
Calgary Herald1d
Alberta to open Crown land for all-season resort development in bid to boost tourism
In a bid to attract more all-season resorts to the province, the Alberta government is preparing legislation that would ...
CTV News6h
Tariffs, energy…Keystone XL? How Trump's win could impact Alberta, according to the province's representative to the U.S.
Donald Trump's win could have a big impact on Alberta, from tariffs to the energy sector. James Rajotte, Alberta’s senior ...