AIMCo, Alberta

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,
Alberta Government Dissolves AIMCo Board Over Performance Concerns
The Alberta government on Thursday removed the entire board of the (AIMCo), citing years of failing to meet mandated benchmark returns at the $170 billion
Alberta government fires AIMCo board, citing rising costs and poor performance
EDMONTON – Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp., the Crown corporation that manages pension
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 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 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.
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Alberta government fires AIMCo board
Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment ...
Alberta to name senior bureaucrat to lead AIMCo after ousting CEO, entire board
Ray Gilmour, the province’s top deputy minister and secretary to cabinet, will take over as head of the pension fund, sources ...
Alberta Investment Management Corporation: AIMCo and Ridgeback grow BTR Platform with the acquisition of Mitre Yard in North Kensington
Alberta Investment Management Corporation (AIMCo) and Ridgeback Group have acquired Mitre Yard, a premier Build-to-Rent (BTR) ...
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'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 ...
Canoe Financial LP Announces Portfolio Management Changes
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Canoe Financial LP (“Canoe Financial”) announced today that PineStone Asset Management Inc. (“PineStone”) will replace Fiera Capital Corporation ...
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.
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Wild horse advocates worry about Alberta's plans to thin herds
Alberta's wild horses are once again being targeted by the province and once again, it's spurring concern. "What is the problem? Why are the horses such a burr under their saddle?" said Darrell ...