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   Message 90,212 of 90,757   
   brewnoser2@gmail.com to All   
   Alberta raids Teacher Pensions and Healt   
   15 Feb 20 17:20:15   
   
       
   Wow.  No bloody wonder Jason Kenney is having troubles with the Unions in   
   Alberta.   
   _____________________________________   
   AIMCo CEO has eye on Trans Mountain after GasLink deal   
      
   The chief executive of the Alberta Investment Management Corporation (AIMCo)   
   said his firm chose to invest in the Coastal GasLink pipeline in British   
   Columbia because it’s certain the project will be seen through to completion.   
      
   AIMCo already administers more than $100 billion in government pensions and   
   other funds.   
      
   _____________________________________________   
   CBC News · Posted: Oct 27, 2019   
      
   Teachers uneasy after pensions transferred as part of provincial budget   
      
   Funds for Workers’ Compensation Board and Alberta Health Services also moved   
   to Crown corporation   
      
   Some teachers are looking for answers after learning their pensions are on the   
   move — without their consultation or approval.   
      
   Teachers' pensions are currently managed by the independent Alberta Teachers'   
   Retirement Fund Board, or ATRF, which was established in 1939.   
      
   The corporation currently administers pensions for all teachers in school   
   jurisdictions and charter schools in Alberta, with an option for private   
   school teachers to join as well.   
      
   But text of the budget released Thursday disclosed the ATRF was "expected to   
   transfer funds to Alberta Investment Management Corporation (AIMCo) for   
   management … AIMCo is expected to provide maximum returns to its clients,   
   and processes will be    
   expanded to support broader agency involvement."   
      
   An emergency fund for the Workers' Compensation Board and funds managed for   
   Alberta Health Services will also be transferred to AIMCo, according to the   
   budget.   
   [- - -]   
      
   In a statement posted on Twitter Saturday, the Alberta Teachers' Association   
   called the move a "hijacking."   
   [- - -]   
      
   https://www.cbc.ca/news/canada/calgary/teachers-pension-rod-math   
   son-alberta-health-services-1.5337431   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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