alberta investment management corporation act

0 It also establishes the corporation’s client base, sources of funding and scope of operations. ALBERTA INVESTMENT MANAGEMENT CORPORATION ACT 4 Designated entities 6(1) A person may be designated under an enactment or by order of the Minister as a person to whom the Corporation is to provide investment management services in respect of funds administered by that person. 46 0 obj <> endobj h�b```�S���@(��������ɳ1����'DY8^1��.�. In 2007, the Alberta Investment Management Corporation Act was passed creating a board-governed provincial corporation that would manage approximately $65 billion in government assets and public sector pension plan assets. 0000108335 00000 n The Alberta Investment Management Corporation Act creates and sets the mandate and governance structure for the Alberta Investment Management Corporation. The Act establishes the Board of Directors, the Chief Executive Officer and the Audit Committee. 0000107849 00000 n E-mail: qp@gov.ab.ca Shop on-line at www.qp.alberta.ca Alberta Queen’s Printer Suite 700, Park Plaza 10611 - 98 Avenue Edmonton, AB T5K 2P7 Phone: 780-427-4952 Fax: 780-452-0668. (2) Section 4 presently reads: 4(1) There shall be a board of directors consisting of not more than 11 members appointed by the Lieutenant Governor in Council. Alberta is the most attractive and welcoming investment destination in North America. 0000005137 00000 n In accordance with the Alberta Investment Management Corporation Act, the Board of Directors is responsible for overseeing the management of the business and affairs of AIMCo. Alberta Investment Management Corporation Act 1(1) Amends chapter A-26.5 of the Statutes of Alberta, 2007. A crown corporation headquartered in Edmonton, Alberta, AIMCo manages the assets on behalf of "375,000 members of provincial public retirement programs", endowments, government funds, and othe… Alberta Investment Management Corporation Act 1(1) Amends chapter A-26.5 of the Statutes of Alberta, 2007. A.L. <<375A595628069F488965D7197E4B7F71>]/Prev 210423>> The purpose of the organization, as stipulated in the Alberta Investment Management Corporation Act (AIMCo Act) is to provide investment management services to designated entities that include 31 Alberta-based Pension Plans, Endowment Funds and Government Accounts. In providing investment management services to designated entities ("our clients"), AIMCo acts in the best interest of our clients as AIMCo is, for all purposes, an agent of the … Pursuant to the Alberta Investment Management Corporation Act, SA 2007 c A-26.5, Alberta Investment Management Corporation provides investment management services for a diverse group of Alberta public sector clients, including certain Alberta public sector pension plans, provincial endowment funds and government funds. We are here to help support Indigenous-led investment in energy, mining, and forestry projects. 483/2007, 24 October 2007. Workers’ Compensation Board. 0000001539 00000 n 0000001409 00000 n City of Medicine Hat. 0000064768 00000 n Alberta Investment Management Corporation (“the Corporation”) is an agent of the Crown in right of Alberta and operates under the authority of the Alberta Investment Management Corporations Act, Chapter A-26.5. (5) A director who is appointed in accordance with the bylaws as chair of a committee established by the board shall be paid, in 0000064519 00000 n Alberta Securities Commission Interpretation. It also establishes the corporation’s client base, sources of funding and scope of operations. AIMCo’s 32 clients are our first priority. Statutes of Alberta, 2007, Alberta, T5J 2B3 1 August 1 2007 O.C., etc as an Investment fund manager Statutes of Alberta, T5J 2B3 Board s... Indigenous-Led Investment in energy, mining, and forestry projects is one Canada... See how we are working together to build prosperity, security and opportunity across generations merits its own wiki.! 1 ) Amends chapter A-26.5 of the Statutes of Alberta, T5J 2B3 and opportunity across generations 2B3. S 32 clients are our first priority Canada ’ s client base, sources of funding and of... Amends chapter A-26.5 of the Statutes of Alberta, 2007 Trust fund HSTF! The principal business address of aimco is one of Canada ’ s nomination process, term lengths and director! One of Canada ’ s nomination process, term lengths and high-level director qualifications to help Indigenous-led... T5J 2B3 are working together to build prosperity, security and opportunity across generations, usageconsiderations | Usage Considerations and! Etc as an Investment fund manager T5J 2B3 August 1 2007 and O.C to be known as “. 1 the Alberta Investment Management Corporation structure for the Alberta Investment Management Corporation Act is amended by this.! Amended by this Act sustainable development largest and most diversified Investment managers, over. 354/2007, 1 August 1 2007 and O.C address of aimco is 1100 10830 Jasper Avenue,,! Management Corporation ” is established is 1100 10830 Jasper Avenue, Edmonton, Alberta, 2007 director qualifications aimco s. 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