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calgaryherald

AIMCo upheaval resurrects questions over future of proposed Alberta pension plan

calgaryherald
Summary
Nutrition label

60% Informative

Alberta government dismisses $169-billion public pension fund's 11 -person board, its CEO and three executives.

AIMCo, the sixth -largest pension fund in Canada , is responsible for overseeing the nearly $24 billion Alberta Heritage Savings Trust Fund .

The province’s extraordinary intervention into the arms-length pension fund resurrected questions around potential plans to put a provincial pension to a referendum.

The idea has gone dormant after receiving wide disapproval in late 2023 .

Alberta ’s lieutenant governor approved the incorporation of a provincial corporation on Thursday .

The move is not related to the axeing of AIMCo 's board and CEO, a press secretary for the government said.

Gilmour has served in executive councils under ex-premiers Rachel Notley and Kenney .

VR Score

72

Informative language

77

Neutral language

38

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources