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Alberta will begin offering coronavirus vaccines to thousands of meat-packing employees across the province starting this week, but a union leader says some workers are reluctant to receive a shot from the government or an employer they don’t trust. The provincial government says starting Tuesday, vaccines will be offered to more than 15,000 workers at 136 […]

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
Alberta’s LAPP ending coordination option due to pension member confusion

Alberta’s Local Authorities Pension Plan is cancelling its coordination option, citing regret and confusion from plan members who mistakenly accessed the feature without fully understanding the financial implications. According to a statement by the LAPP, coordination will be discontinued for members who start their pension on or after Jan. 1, 2021. It noted the option’s […]

The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it would like the government to allow employers to automatically deduct employee contributions from payroll to facilitate these features. […]

  • By: Staff
  • July 20, 2020 December 6, 2020
  • 09:22

The chief executive officer of the Canada Pension Plan Investment Board says Monday’s oil price crash and stock market selloff will hurt Canadian energy companies that have weak balance sheets and high debt. But Mark Machin says those with strong books will survive — and companies with money should be following his organization’s example and […]

Alberta Premier Jason Kenney says there’s a “compelling case” to be made for his province to exit the half-century-old Canada Pension Plan, an idea sure to face increasing scrutiny over the coming months. With growing frustrations in his province about its place in the federation, Kenney has revealed that a deeper analysis is on the […]

The Alberta Teachers’ Retirement Fund Board will transfer all of its funds to the Alberta Investment Management Corp. for management, according to the province’s latest budget. The ATRF board, which administers pensions for all teachers in Alberta school jurisdictions and charter schools, said in a press release it was only made aware of the change […]

On March 1, 2019, Alberta’s Local Authorities Pension Plan gained independence from the government by becoming a jointly sponsored pension plan. “The history of LAPP is that the Minister of Finance of the province of Alberta has historically been the trustee of the pension fund and the administrator of the plan, and this new legislation […]

9.1% Return From AIMCo

Solid performance during tough times in Alberta

  • By: Staff
  • March 24, 2016 September 13, 2019
  • 07:13
Meet AIMCo’s New Chief Risk Officer

Remco van Eeuwijk steps into new role from MN.

  • By: Staff
  • February 4, 2016 September 13, 2019
  • 06:00