Keyword: Alberta Investment Management Corp.

23 results found
Alberta Teachers’ Association planning legal challenge to pension order

The Alberta Teachers’ Association says it’s taking legal action against a ministerial order enacted on several pension plans in the province in late December. In a press release, the association said its provincial executive council voted unanimously this week to file a lawsuit, acting on legal advice that identified an avenue for a challenge to […]

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 10:04

Alberta’s public-sector pension plans are reassuring members that their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was enacted in late December by Alberta Finance Minister Travis Toews after 2020 deadlines for investment management agreements between the pensions and the Alberta Investment Management Corp. passed with no result. […]

  • By: Staff
  • January 21, 2021 April 14, 2021
  • 09:46
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THE CANADIAN PRESS Sustainable investing experts say TC Energy Corp.’s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout. U.S. President-elect Joe Biden intends to sign an executive order on inauguration day to rescind the presidential permit for the […]

Institutional investors share experiences with ESG investing

Demand for defined benefit pension plan sponsors to focus on environmental, social and governance factors through their investments is growing. Both plan sponsors and members have been increasingly vocal about keeping ESG issues top of mind. For example, the Healthcare of Ontario Pension Plan has worked on balancing this increased appetite for ethical investing with […]

Canadian pension plans sign new investor statement on diversity and inclusion

Canadian institutional investors representing more than $2.3 trillion in assets under management have signed a new statement on diversity and inclusion. The list of signatories on the joint statement, which was coordinated by the Responsible Investment Association, includes the Alberta Investment Management Corp., Bâtirente, the British Columbia Investment Management Corp., the Caisse de dépôt et […]

  • October 1, 2020 January 19, 2021
  • 08:32
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Mark Wiseman has been named as a director and the chair of the Alberta Investment Management Corp.’s board of directors, effective July 1, 2020. Wiseman will replace current chair Richard Bird, who will be completing his second three-year term on the AIMCo’s board. In order to ensure a smooth transition, Bird will be staying on […]

  • By: Staff
  • June 22, 2020 December 6, 2020
  • 09:29

The volatility caused by the coronavirus pandemic made the first quarter of 2020 rough for many Canadian defined benefit pension plans. In early June, the Local Authorities Pension Plan Corp., which is mandated to invest with the Alberta Investment Management Corp., said it began the year with $50.6 billion in assets under management and ended […]

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If climate change represents one of the largest systemic risks the global economy has ever faced, dealing with its ramifications is going to move a lot of money. The world’s youth have taken to the streets calling on their governments for massive, co-ordinated policy change, but it hasn’t yet manifested. Any piecemeal regulatory shifts suffer […]

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While many organizations are grappling with how to incorporate artificial intelligence into their investment or back-office processes, the Alberta Investment Management Corp. has found a way to do it that’s scalable and has potential for commercialization. The AIMCo started down this journey because it realized that if it didn’t adopt AI and machine learning, it […]

  • By: Avery Page
  • March 20, 2020 December 13, 2020
  • 09:17
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The Alberta Investment Management Corp., an investment firm buying a stake in the Coastal GasLink pipeline, says it remains “committed” to the deal despite protester blockades that have shut down railway lines in parts of Canada and threaten to inflict damage to the Canadian economy. The AIMCo, which looks after more than $115 billion in […]