AIMCo

Keyword: AIMCo

191 results found
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An article on how flexible retirement savings plans can help employees retire early was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Flexible savings plans, employer matching allowing employees to retire earlier than planned: survey 2. Are Canadian […]

  • By: Staff
  • April 25, 2025 April 24, 2025
  • 09:00
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The Alberta Investment Management Corp. is reporting a total fund net investment return of 12.3 per cent, roughly 1.5 per cent below its 13.8 per cent benchmark return. As at Dec. 31, 2024, its total assets under management were $179.6 billion, compared to $160.6 billion at the end of 2023. The investment organization’s balanced fund […]

  • By: Staff
  • April 7, 2025 April 4, 2025
  • 09:00
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An article on how financial wellness programs can help employees in their relationships was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Wellness programs key to keeping financial stress out of relationships: expert 2. 64% of Canadian employees […]

  • By: Staff
  • February 21, 2025 February 20, 2025
  • 09:00
Copyright_Mikhail Tsikhanovich _123RF

The Alberta Investment Management Corp. is closing its offices in New York City and Singapore. In an emailed statement to Benefits Canada, AIMCo spokesperson Carolyn Quick confirmed the office closures as “part of a strategic realignment of resources to better serve our clients.” Read: AIMCo opening first Asia office in Singapore, remains leery of China […]

  • By: Staff
  • February 14, 2025 February 14, 2025
  • 14:30

An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How would a national drug pooling program impact employer-sponsored benefits plans? 2. Leadership changes at the AIMCo […]

  • By: Staff
  • November 22, 2024 November 21, 2024
  • 09:00
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Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance minister fired the Crown agency’s entire board, along with a number of executives, citing ballooning costs and substandard returns. Read: Leadership changes at the AIMCo could impact credibility, independence: expert Premier […]

The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that raises red flags about the influence of Alberta’s provincial government, says Anthony Guindon, a partner at Koskie Minsky LLP. “We don’t entirely know at this stage but it makes one […]

Copyright_olegback_123RF

An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Nova Scotia to allow unlocking of pension benefits 2. Alberta government fires AIMCo CEO, board, citing rising costs and poor […]

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain investments, particularly those in the energy sector. “One of the things we were very clear on, both for ourselves and in talking to clients, is that divestment wasn’t the way […]

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57
Copyright_Mikhail Tsikhanovich _123RF

Alberta’s finance minister has sacked the chief executive officer and entire board of directors of the Alberta Investment Management Corp., the Crown corporation that manages pension and other funds for the province and handles more than $160 billion in assets. Finance Minister Nate Horner said in a statement Thursday that the changes at the AIMCo are due […]