20-11-2024 19:20 via edmonton.ctvnews.ca

Former PM Stephen Harper appointed to oversee Alberta's $160B AIMCo fund

Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corporation, or AIMCo, which oversees more than $160 billion in funds, including pension funds and the Heritage Savings Trust Fund. 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. Premier Danielle Smith says the move is a step toward the long-term success of AI
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