Siddall, the Canada Mortgage and Housing Corporation’s president and CEO until earlier this month, takes over July 1. He will replace Kevin Uebelein, who’s run Alberta’s public-funds investment-management company since 2015. (The Logic)

Talking point: As markets went haywire in the pandemic’s first wave last spring, AIMCo suffered a $2.1-billion loss via a risky derivatives strategy. A report to the board last summer found the corporation needed a culture change. That led to the July appointment of Mark Wiseman as AIMCo’s chair. Siddall had been at CMHC for over seven years, after a stop at the Bank of Canada and tours of duty as an investment banker and oil executive. He’s built a high profile for his stewardship of the organization amid Canada’s red-hot housing market, often making news with his Twitter account. Last year, he was rumoured to be in the running for the Canada Infrastructure Bank’s top job (it eventually hired Ehren Cory). At AIMCo, he’ll oversee nearly $120 billion in assets under management for the people of a province that’s faced considerable economic uncertainty. AIMCo itself faces some uncertainty, with Alberta Premier Jason Kenney still weighing whether to withdraw the province from the Canada Pension Plan. AIMCo also announced a 2.5 per cent total fund return for 2020, with detailed results coming in this June’s annual report.