The shakeup at AIMCo comes as Alberta Premier Danielle Smith prepares to unveil her government’s plan to boost the size of the AIMCo-managed Heritage Savings Trust Fund, which, according to its ...

The Ontario Teachers’ Pension Plan, which manages about C$256 billion in assets, on par with Alberta’s goal for the Heritage Fund, averaged 7.2 pecent in the five years through 2023.

Alberta is seeking ways to improve the return rates of its wealth fund and boost its size considerably, from about C$24.3 billion now to some C$250 billion, or $173 billion, Bloomberg has reported.