Saturday, March 7

Agencies

Agencies

Bill 19 -Reform of Agencies, Boards and Commissions Compensation Act

Opinion/Research On May 18th, Treasury Board President and Finance Minister Joe Ceci introduced Bill 19.  Ceci stated that the "purpose of this legislation is to address consistency and fairness in executive compensation levels for the public agencies, boards, and commissions that are subject to the Alberta Public Agencies Governance Act."  The tabling and passage of this Bill garnered virtually no attention in the media.  And yet, this Bill promises to be one of the most fundamental pieces of legislation for the government in an session that features major initiatives on climate change, taxation, predatory lending, environmental monitoring, and  law enforcement. (more…)
Alberta’s Agencies, Boards and Commissions (ABCs)
Agencies

Alberta’s Agencies, Boards and Commissions (ABCs)

  The Bolton Committee In September 2014, prior to the provincial general election, then Premier Jim Prentice appointed a three person committee to examine the four major financial agencies owned by the provincial government: ATB Financial, Agricultural Financial Services Corporation, Alberta Investment Management Corporation, and Alberta Capital Finance Authority. The committee was led by Hugh Bolton, an accountant who was the Chair of the City of Edmonton's EPCOR Utilities and the chair of Capital Power, a company spun out of EPCOR.  Also serving on the committee were two well known financial executives: Linda Hohol a former director of ATB and the former President of the TSX Venture Exchange. Larry Pollock, the former CEO of Canadian Western Bank and a director of EPCOR. All  ag...