Letter: Jason Kenney either doesn’t understand, or he’s lying

By Letter to the Editor on December 29, 2021.

Dear editor,

Jason Kenney is either misinformed by his staff or has lost his grip on reality.

His statement that the Alberta government must back stop any financial losses by AIMCo, the Alberta Government Pension Plan investors, is an outright lie. His UCP government removed that part of the legislation years ago – even Alberta Finance Minister Travis Toews was surprised at Kenney’s words.

AIMCo also performed very poorly in the last few years and I do not blame the Teachers Pension Fund for resisting an AIMCo takeover – the teachers’ fund has made money consistently and AIMCo needs it to hide its poor performance. If you are a recipient of an Alberta Government Pension plan you should be very concerned that Kenney will allow AIMCo to blow your pension funds.

The last thing you need is another Klein-era Alberta Treasury Branch scandal. ATB never was a real bank – surprise, surprise, surprise – another Alberta conservative flim flam scam.

Ian Parkinson

Medicine Hat

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