Public ambush sends alert to $169 billion Alberta pension: …
12 hours ago · Nate Horner, Alberta’s finance minister, showed up to tell Siddall and three other executives they no longer had jobs. The four left the building after their phones and laptops were confiscated. Horner then broke the news to the remaining Aimco employees. He also dismissed the entire board.
Alberta government fires AIMCo board, four top executives, in …
Nov 7, 2024 · The same order-in-council appointed Finance Minister Nate Horner as the board's chair for a term to expire Sept. 30, 2025. AIMCo CEO Evan Siddall and three other top executives are also out ...
Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner
1 day ago · In a letter to Alberta Finance Minister Nate Horner that was viewed by the Financial Post, Kenneth Kroner disputes the data and a number of assertions used to justify the government’s “reset” at AIMCo, which saw the entire board of directors, including Kroner, as well as chief executive Evan Siddall, removed from their posts.The letter goes on to say that while the government is within ...
Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner
1 day ago · Alberta Finance Minister Nate Horner at the Alberta Legislature. (Credit: Shaughn Butts/Postmedia files) The former interim chair of Alberta Investment Management Corp. has written a letter to the Alberta cabinet minister who fired him last week to dispute what he calls an “incorrect narrative” and “misinformation” about the performance of …
After changes at AIMCo, United Conservatives now own successes …
6 days ago · Frustrated with rising costs, Finance Minister Nate Horner removed AIMCo's CEO and board. What his replacements do will determine the future of thousands of Albertans' pension savings and the...
AIMCo board firing comes as fund has ‘a lot of unhappy clients ...
Nov 8, 2024 · Horner will act as AIMCo’s sole director and chair for the time being until a new chair is appointed, which the Alberta government says will happen within 30 days. The province has also appointed an interim CEO: Deputy Minister of Executive Council Ray Gilmour.
AIMCo board fired by Alberta government | CTV News
Nov 7, 2024 · The information you need to know, sent directly to you: Download the CTV News App ; Finance Minister Nate Horner said in a statement Thursday that the changes at AIMCo are due to rising management ...
Alberta government fires AIMCo board, citing rising costs and …
Nov 7, 2024 · Finance Minister Nate Horner said in a statement Thursday that the move is due to rising management fees coupled with a consistent failure to meet mandated benchmark returns. Horner said the decision takes effect immediately and he will be sole director and chair for AIMCo until a new chair is appointed within 30 days, with a new board ...
Smaller benefit hikes coming for hundreds of thousands of …
Nov 5, 2024 · Alberta Finance Minister Nate Horner, right, announces proposed changes to finance law at the legislature in Edmonton on Nov. 4, 2024. Children's Services Minister Searle Turton, left, was there ...
President of Treasury Board and Minister of Finance
Nate Horner was sworn in as the Minister of Finance and President of Treasury Board on June 9, 2023. He previously served as the Minister of Agriculture, Forestry and Rural Economic Development and Minister of Agriculture and Irrigation.
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