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Alberta government fires AIMCo board, 4 top executives
Alberta government fires AIMCo board, four top executives, in 'reset' for pension fund manager
The province says the move comes "after years of AIMCo consistently failing to meet its mandated benchmark returns." For now, Finance Minister Nate Horner has been appointed the AIMCo board's sole director and chair.
Alberta government appoints interim CEO at embattled AIMCo after removing its board
Ray Gilmour was appointed by the government of Alberta, Canada, as the interim CEO of the C$168.9 billion ($121 billion) Alberta Investment Management Corp., Edmonton. On Nov. 7, the Alberta government of Premier Danielle Smith dismissed the entire 10-member board of AIMCo, citing underperformance issues and rising costs.
Alberta Fires Pension Manager’s 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 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.
The Weather Network on MSN
2h
Colorado low and Alberta clipper join forces to wallop Eastern Canada
An Alberta clipper and a Colorado low will make a formidable duo this week as it traverses Canada to bring widespread rain, ...
20m
'It is urgent': Alberta military reservists eager to join Canadian Forces in Latvia
CFB Suffield has been the site of military training in the region since 1972 and, at 2,700 square kilometres, is the largest ...
The Vancouver Sun
1d
B.C. man arrested at Alberta 'super lab' that produced fentanyl
Police in Alberta have dismantled a fentanyl “super lab” and have arrested a B.C. man who they allege was the operation’s ...
CTV News
19h
Group gathers for 'celebration' of Alberta's new transgender policies
More than 100 Albertans gathered outside the legislature building on Saturday to voice their support for the province's new ...
3d
on MSN
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 ...
SheBuysTravel on MSN
2d
The Ultimate Road Trip Through Alberta Canada
As a road trip junkie, I’m always on the lookout for new destinations to explore. Choosing Alberta, Canada for a recent road ...
Calgary Herald
1d
AIMCo upheaval resurrects questions over future of proposed Alberta pension plan
The Alberta government on Thursday dismissed the $169-billion public pension fund’s 11-person board, its CEO and three ...
12d
Alberta chiefs seek clarity on Canada's view of water rights following class action defence
A committee of Alberta chiefs is questioning Canada’s view of First Nations water rights following the government's defence ...
Medscape
2d
Long Surgical Wait Lists Lead to Delayed Care Across Canada
Increased demands from an aging population and pandemic-related supply shortages leave provinces scrambling to allocate ...
Hosted on MSN
16h
Brazeau County, Alberta, Canada
There will be scattered snow showers. The low will be 24°. Pollen levels indicate the amount of pollen in the air. Pressure is the weight of the air in the atmosphere. It is normalized to the standard ...
22h
on MSN
Alberta looks to increase influence with new U.S. administration
Alberta is determined to raise its profile with the incoming Donald Trump administration, according to the province’s ...
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