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Briefing

Alberta government appoints Stephen Harper to chair AIMCo board

The former prime minister is taking the job without pay, after the provincial government fired the pension fund manager’s entire board earlier this month, along with four executives, including CEO Evan Siddall. (The Logic)

Briefing

Alberta government appoints Stephen Harper to chair AIMCo board

By Catherine McIntyre
Nov 20, 2024
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The former prime minister is taking the job without pay, after the provincial government fired the pension fund manager’s entire board earlier this month, along with four executives, including CEO Evan Siddall. (The Logic)

Talking point: The government reinstated three board members who were dismissed last week. It also announced the deputy minister of treasury board and finance—currently Katherine White—will join the board permanently. The leadership shakeup follows the government’s claims that AIMCo, which manages about $169 billion in assets on behalf of public pension funds in the province,had let salaries and other costs rise disproportionately to returns. Harper—who runs consulting business Harper & Associates and chairs Vision One, a Miami-based investment firm he co-founded—said he accepted the job as a “meaningful act of public service” and that he’s “uniquely positioned to help the organization improve its governance.”

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