AIMCo, Alberta

Opinion
Nate Horner: Why firing AIMCo's board was the best move for Alberta
Yesterday, Alberta’s Cabinet approved the appointment of the Right Honourable Stephen Harper as the new board chair of AIMCo, with four previous board members also returning. Their mandate will be to achieve higher returns at lower cost.
Deputy minister appointed interim CEO of AIMCo after Alberta government fires board
Longtime Alberta bureaucrat Ray Gilmour has been appointed interim leader of the Alberta Investment Management Corporation, the Crown agency set up to manage public pensions and investments at arm’s-length from government.
Alberta hires former prime minister Stephen Harper as new AIMCo board chair
The Alberta government has hired former prime minister Stephen Harper as the new chairman of the board of the Alberta Investment Management Corporation (AIMCo) less than two weeks after it sacked all 10 prior board members. Harper’s hiring was announced via a news release on Wednesday morning.
Stephen Harper to oversee Alberta's $160B investment board, AIMCo
Former prime minister Stephen Harper has been tapped to lead the Alberta Investment Management Corporation (AIMCo), the Crown corporation that manages public pensions and public investments in Alberta.
'A major reset': Alberta government dismisses AIMCo board and CEO, citing underperformance
The changes were made to restore trust in the Edmonton-based Crown corporation and institutional investor responsible for managing several public funds and pensions, the province said. AIMCo has seen significant increases in operating costs and fees alongside returns on investment that have not corresponded with the cost increases,
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.
‘Not your government’s money’: AIMCo ‘reset’ raises concern over political influence
Stephen Harper isn't the only signal Alberta intends to exert more control over the investment manager's direction
Alberta appoints former Canadian PM Harper as provincial pension fund manager
The Alberta government on Wednesday appointed former Canadian Prime Minister Stephen Harper as chairman of the Alberta Investment Management Corp (AIMCo), after dismissing the entire board earlier this month because of low returns.
Alberta Taps Former Canadian PM Harper to Oversee Pension Manager
Alberta’s government named former Canadian Prime Minister Stephen Harper to lead the board of its public pension fund manager, less than two weeks after firing its chief executive officer and every director.
Stephen Harper appointed chairman of Alberta Investment Management Corporation
Former prime minister Stephen Harper has been appointed the new chairman of the board of AIMCo, the Alberta Investment Management Corporation, the Alberta government said Wednesday.
Alberta Government Appoints Former Canadian PM Stephen Harper as AIMCo Chair
The Conservative politician will be on the hook to build the Heritage Savings Trust Fund to more than C$250 billion over the next 25 years.
Alberta Breaks With the Canadian Pension Model
The provincial government abruptly purged the board and senior leaders of Alberta’s pension fund, defying a long-held ...
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Justification for Alberta’s Ousting of AIMCo’s Board and CEO Called Into Question
Government cites rising costs and poor returns for the leadership purge, but Keith Ambachtsheer disputes this.
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Alberta government takes control of AIMCo with sweeping leadership overhaul
The Alberta government opposed some of Siddall’s initiatives, including opening an office in high-end One Vanderbilt in New ...
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AIMCo expansion, Alberta's investment focus were sources of tension before purge, sources say
the Alberta government said the “reset” at AIMCo was driven by rising costs at the Crown corporation, including ...