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Alberta Investment Management Corporation
Alberta Investment Management Corporation (AIMCo) is an Albertan Crown corporation and institutional investor established to manage several public funds and pensions headquartered in Edmonton, Alberta. AIMCo was established by an act of the Legislative Assembly of Alberta in 2008 under the government of Progressive Conservative Premier Ed Stelmach. AIMCo manages one of Canada's largest public pools of funds with assets under management totaling $119 billion as of 2020. AIMCo manages the assets on behalf of 375,000 members of provincial public retirement programs, endowments, government funds, and other public accounts, including Alberta's $18-billion Heritage Savings Trust Fund. Overview The Progressive Conservative government first announced their intent to consolidate investment management under a new crown corporation on March 20, 2007, with the introduction of ''Alberta Investment Management Corporation Act'' (Bill 22). Originally founded under the name Alberta Investmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporations Of Canada
Crown corporations in Canada are government organizations with a mixture of Commerce, commercial and Public policy, public-policy objectives.Tupper, Allan. 2006 February 7.Crown Corporation" ''The Canadian Encyclopedia'' (last edited 2021 March 18). Retrieved 2021 May 19. They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). Crown corporations represent a specific form of state-owned enterprise. Each corporation is ultimately accountable to (federal or provincial) Parliament of Canada, Parliament through a relevant Minister of the Crown, minister for the conduct of its affairs. They are established by an Act of Parliament and report to that body via the relevant minister in Cabinet of Canada, Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments." Crown corporations are distinct from "departmenta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund (HSTF) is a sovereign wealth fund established in 1976 by the Government of Alberta under then-Premier Peter Lougheed. The Heritage Savings Trust Fund was created with three objectives: "to save for the future, to strengthen or diversify the economy, and to improve the quality of life of Albertans." The operations of the Heritage Savings Trust Fund are subject to the ''Alberta Heritage Savings Trust Fund Act'' and with the goal of providing "prudent stewardship of the savings from Alberta's non-renewable resources by providing the greatest financial returns on those savings for current and future generations of Albertans." Between 1976 and 1983 the Government of Alberta deposited a portion of oil revenue into the fund. The Heritage Savings Trust Fund used oil revenues to invest for the long term in such areas as health care, education and research and as a way of ensuring that the development of non-renewable resources would be of long-term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insulated Glazing
Insulating glass (IG) consists of two or more glass window panes separated by a space to reduce heat transfer across a part of the building envelope. A window with insulating glass is commonly known as double glazing or a double-paned window, triple glazing or a triple-paned window, or quadruple glazing or a quadruple-paned window, depending upon how many panes of glass are used in its construction. Insulating glass units (IGUs) are typically manufactured with glass in thicknesses from 3 to 10 mm (1/8" to 3/8"). Thicker glass is used in special applications. Laminated or tempered glass may also be used as part of the construction. Most units are produced with the same thickness of glass on both panes but special applications such as acoustic attenuation or security may require different thicknesses of glass to be incorporated in a unit. The space in between the panes provides the bulk of the insulation effect and may be filled with air, but argon is often used as i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Curtain Wall (architecture)
A curtain wall is an outer covering of a building in which the outer walls are non-structural, utilized only to keep the weather out and the occupants in. Since the curtain wall is non-structural, it can be made of lightweight materials, such as glass, thereby potentially reducing construction costs. An additional advantage of glass is that natural light can penetrate deeper within the building. The curtain wall façade does not carry any structural load from the building other than its own dead load weight. The wall transfers lateral wind loads that are incident upon it to the main building structure through connections at floors or columns of the building. A curtain wall is designed to resist air and water infiltration, absorb sway induced by wind and seismic forces acting on the building, withstand wind loads, and support its own weight. Curtain walls may be designed as "systems" integrating frame, wall panel, and weatherproofing materials. Steel frames have largely given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downtown Edmonton
Downtown Edmonton is the central business district of Edmonton, Alberta. Located at the geographical centre of the city, the downtown area is bounded by 109 Street to the west, 105 Avenue to the north, 97 Street to the east, 97 Avenue and Rossdale Road to the south, and the North Saskatchewan River to the southeast. Surrounding neighbourhoods include Oliver to the west, Queen Mary Park, Central McDougall and McCauley to the north, Boyle Street and Riverdale to the east, and Rossdale to the south. The residents of Downtown Edmonton are represented by the Downtown Edmonton Community League, established in 1999, which runs a community hall located at 100 Avenue and 103 Street. The Edmonton Oilers's home arena, Rogers Place, is located in the middle of downtown where it anchors the Ice District mixed-used development for sports and entertainment. Districts and streets Arts District and Churchill Square The arts district is in the eastern part of the core with many award win ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Bank Place
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, profi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Precision Drilling
Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies. History Precision Drilling Ltd. was founded in 1951. In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs. Swartout led the company through extensive growth until his retirement in 2007. In 2005, Precision sold its energy services and international contract-drilling divisions to Weatherford International for $2.28 billion and reorganized as an income trust. Precision converted from an income trust back to a corporation in 2010. In 2008, Precision acquired its US rival Grey Wolf Inc. for $2 billion, a merger which expanded its rig count in the US, which it had largely left in 2005, over tenfold. The acquisition led to financial difficulties which led to a $330M CAD investment by the Alberta Investment Management Corporation (AIMCo) in 2009, ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington (state)
Washington (), officially the State of Washington, is a state in the Pacific Northwest region of the Western United States. Named for George Washington—the first U.S. president—the state was formed from the western part of the Washington Territory, which was ceded by the British Empire in 1846, by the Oregon Treaty in the settlement of the Oregon boundary dispute. The state is bordered on the west by the Pacific Ocean, Oregon to the south, Idaho to the east, and the Canadian province of British Columbia to the north. It was admitted to the Union as the 42nd state in 1889. Olympia is the state capital; the state's largest city is Seattle. Washington is often referred to as Washington state to distinguish it from the nation's capital, Washington, D.C. Washington is the 18th-largest state, with an area of , and the 13th-most populous state, with more than 7.7 million people. The majority of Washington's residents live in the Seattle metropolitan area, the center o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puget Sound Energy
Puget Sound Energy (PSE) is an energy utility company based in the U.S. state of Washington that provides electrical power and natural gas to the Puget Sound region. The utility serves electricity to more than 1.1 million customers in Island, King, Kitsap, Kittitas, Pierce, Skagit, Thurston, and Whatcom counties, and provides natural gas to 750,000 customers in King, Kittitas, Lewis, Pierce, Snohomish and Thurston counties. The company's electric and natural gas service area spans . Facilities PSE's electric supplies include utility-owned resources as well as those under long-term contract, for a total capacity of 5,044 megawatts (MW). While PSE-owned generating capacity is at 3,597 MW. PSE owns coal, hydroelectric, natural gas and wind power-generating facilities, with more than 3,500 MW of capacity. In 2018, PSE's generation was 36% coal, 32% hydroelectric, 20% natural gas, and 10% wind derived. Less than one percent originated from other energy efficie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calgary Herald
The ''Calgary Herald'' is a daily newspaper published in Calgary, Alberta, Canada. Publication began in 1883 as ''The Calgary Herald, Mining and Ranche Advocate, and General Advertiser''. It is owned by the Postmedia Network. History ''The Calgary Herald, Mining and Ranche Advocate and General Advertiser'' started publication on 31 August 1883 in a tent at the junction of the Bow and Elbow by Thomas Braden, a school teacher, and his friend, Andrew Armour, a printer, and financed by "a five-hundred- dollar interest-free loan from a Toronto milliner, Miss Frances Ann Chandler." It started as a weekly paper with 150 copies of only four pages created on a handpress that arrived 11 days earlier on the first train to Calgary. A year's subscription cost $3. When Hugh St. Quentin Cayley became editor 26 November 1884 the Herald moved out of the tent and into a shack. Cayley quickly became partner and editor. Eventually, the publisher's name was changed to Herald Publishing Comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victorian Funds Management Corporation
The Victorian Funds Management Corporation (VFMC) is an agency of the Government of Victoria in Melbourne. The VFMC was established by the ''Victorian Funds Management Act 1994''. Its role is to provide investment and funds management services to Victorian public authorities. References Government agencies of Victoria (Australia) Investment companies of Australia {{VictoriaAU-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of June 30, 2022, the CPP Investment Board manages over C$523 billion in assets under management for the Canada Pension Plan on behalf of 20 million Canadians. History The Canada Pension Plan was first established in 1966. For much of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
