Alberta Fires Pension Manager’s Entire Board Over Costs, Returns
Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which says the money manager has increased compensation and staffing but hasn’t produced acceptable returns.
Alberta government fires AIMCo board to 'reset' pension management fund
The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo). In an statement Thursday afternoon, the province said it has decided to "reset" the focus of the provincial corporation, and will be ...
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 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The Alberta government on Thursday rescinded all board appointments at the Alberta Investment Management Corporation (AIMCo), including the board chair.
Province fires board of Alberta Investment Management Corporation
The province said it has decided to "reset" the focus of the provincial corporation, and will be appointing a new board chair within 30 days. Court Ellingson with the Alberta NDP says the move shows incompetence by the government.
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 fires entire AIMCo board due to 'significant' cost increases
Petursson Philip Petursson, chief investment strategist at IG Wealth Management, talks with Financial Post's Larysa Harapyn about how to position your portfolio as rates come down. The Alberta government has jettisoned the entire board of Alberta Investment Management Corp.
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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 ...
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 ...
Alberta forestry minister says wolverine, lynx trapping limits lifted to gather data
EDMONTON, ALBERTA, CANADA — Alberta Forestry Minister Todd Loewen says the decision to lift limits on trapping for animals ...
Alberta government fires AIMCo board, citing poor performance
Alberta’s government has fired the entire board of Alberta Investment Management Corp. (AIMCo), promising “to restore confidence” in the underperforming provincial pension fund manager. The ...
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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 ...
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 ...
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Northern Alberta fire department recipient of 350K from creative sentencing
ATHABASCA – A 2022 workplace fatality in the Peace River area — approximately 500 km north of Edmonton — was resolved with a ...
Company to pay $200K penalty in death of worker at Alberta arena
A recreation facility equipment supplier will pay $200,000 in workplace safety penalties after one of its workers died at a ...