The Alberta Heritage Savings Trust Fund currently has an annual rate of return of 7%, which is not too shabby at all, but the government of the province wants to boost this to 9% by 2050.

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.