Alberta pension manager fires 19 employees, including DEI program lead

Former prime minister Stephen Harper delivers the keynote address at a conference, in Ottawa, Wednesday, March 22, 2023. (Adrian Wyld / THE CANADIAN PRESS)

Alberta’s public pension manager has laid off 19 employees and cut their positions, including the role of running its diversity, equity and inclusion program.

The Alberta Investment Management Corporation says the company remains committed to an equitable and inclusive workplace.

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A company spokesperson declined to say what other specific jobs were cut but says the 19 positions were in non-investment roles.

The company’s board of directors and chief executive officer were fired in November by Alberta Finance Minister Nate Horner, who appointed former prime minister Stephen Harper as board chair.

Horner said at the time that AIMCo’s rising costs, including its number of employees, were unacceptable when compared with its annual investment performance.

AIMCo has about 600 employees with offices in Canada, the United States, Europe and Singapore.

Jack Farrell - The Canadian Press

This report by The Canadian Press was first published Jan. 28, 2025.