Alberta's public pension manager, AIMCo, has laid off 19 employees and eliminated their positions, including the role responsible for its diversity, equity, and inclusion program. The company claims to remain dedicated to fostering an equitable and inclusive workplace despite the cuts, which primarily targeted non-investment roles. This move follows the November firing of AIMCo's CEO and board by Finance Minister Nate Horner, who cited rising costs and underperformance compared to other pension managers.
Bryce Tingle, chair in business law at University of Calgary, discusses the aftermath of the Alberta government's firing of Aimco CEO and board.
The Alberta Investment Management Corporation says the company remains committed to an equitable and inclusive workplace.
Aimco Alberta Investment Management Corporation Job Cuts Pensions Diversity Equity Inclusion
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