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Braid: Stephen Harper at AIMCo and UCP's provincial pension drive go hand-in-hand

13 2
15.11.2024

Within days, former prime minister Stephen Harper will almost certainly be the new chair of Alberta Investment Management Corp. (AIMCo).

Some people wonder if this has anything to do with the UCP drive for a provincial pension plan.

Ya think?

Five years before he became prime minister, Harper signed the famous Firewall Letter sent to then-premier Ralph Klein on Jan. 24, 2001.

The letter urged the Alberta government to “Withdraw from the Canada Pension Plan to create an Alberta Pension Plan offering the same benefits at lower cost, while giving Alberta control over the investment fund . . . The legislation setting up the Canada Pension Plan permits a province to run its own plan, as Quebec has done from the beginning.

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