Alberta Deserves 'World-Class Investment Manager' for Pensions: Ex-CPPIB CEO

The video discusses Canada's fiscal situation from an investor's perspective, emphasizing the need for effective government programs and long-term economic planning. It highlights the importance of private sector involvement in economic recovery and debates the extension of government support post-pandemic. The discussion also covers federal and provincial fiscal dynamics, the role of pension plans, and asset management, particularly in Alberta. The video concludes with a focus on AIMCO's risk management and the need for a comprehensive review.

What is a key challenge for Canadian policymakers in stimulating the economy post-COVID-19?

• Reducing taxes

• Increasing exports

• Evaluating the effectiveness of government programs

• Decreasing interest rates

Why is it important for the government to collaborate with the private sector?

• To increase government revenue

• To achieve full employment

• To reduce inflation

• To improve public services

What long-term strategy is suggested for Canada's economic recovery?

• Reducing government spending

• Focusing on short-term gains

• Developing infrastructure

• Increasing imports

What is a potential issue with the fiscal capacity of Canadian provinces?

• Provinces do not contribute to federal taxes

• Fiscal health of one province can affect others

• Provinces have equal fiscal capacity

• Provinces have too much autonomy

What is the benefit of broad-based government pension plans?

• They reduce government debt

• They increase individual savings

• They mutualize risk across generations

• They provide higher returns

What is the role of AIMCO in Alberta?

• To regulate the oil industry

• To manage pensions and the Heritage Fund

• To oversee educational institutions

• To manage public healthcare

What recent issue did AIMCO face?

• A successful investment strategy

• A risky bet on market volatility

• A decrease in pension contributions

• An increase in management fees