AIMCo sets up $1B fund to invest in energy transition opportunities
Alberta Investment Management Corp. CEO Evan Siddall in Calgary, Alta., Wednesday, Sept. 21, 2022. (THE CANADIAN PRESS/Jeff McIntosh)
The Alberta Investment Management Corp. has set up a new $1-billion fund dedicated to investing in the global energy transition and decarbonization sectors.
The investment manager says the money represents new capital and investments made through the fund will be in addition to its other climate-related investments across asset classes.
AIMCo chief investment officer Marlene Puffer says it has been strategically evaluating climate change risks and opportunities for the last decade and the organization has a strong track record of making investments in the energy transition space.
AIMCo says the new fund will look to offer exposure to a range of energy transition opportunities such as industrial decarbonization, carbon capture and sequestration.
Other areas could include renewable fuels, low-carbon renewable energy production and related technologies and electrification, storage and energy efficiency.
AIMCo invests on behalf of pension, endowment, insurance and government funds in Alberta and has more than $158 billion in assets under management.
This report by The Canadian Press was first published Feb. 1, 2024.
CTVNews.ca Top Stories
Chants of 'shame on you' greet guests arriving for the annual White House correspondents' dinner
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
What is a 'halal mortgage'? Does it make housing more accessible?
The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
Here's where Canadians are living abroad: report
A recent report sheds light on Canadians living abroad--estimated at around four million people in 2016—and the public policies that impact them.
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
Opinion
Opinion I just don't get Taylor Swift
It's one thing to say you like Taylor Swift and her music, but don't blame CNN's AJ Willingham's when she says she just 'doesn't get' the global phenomenon.
Invasive and toxic hammerhead worms make themselves at home in Ontario
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
Harvey Weinstein hospitalized after return to New York from upstate prison
Harvey Weinstein’s lawyer said Saturday that the onetime movie mogul has been hospitalized for a battery of tests after his return to New York City following an appeals court ruling nullifying his 2020 rape conviction.
'We are declaring our readiness': No decision made yet as Poland declares it's ready to host nuclear weapons
Polish President Andrzej Duda says while no decision has been made around whether Poland will host nuclear weapons as part of an expansion of the NATO alliance’s nuclear sharing program, his country is willing and prepared to do so.
Central Alberta queer groups react to request from Red Deer-South to reinstate Jennifer Johnson to UCP caucus
A number of LGBQT+2s groups in Central Alberta are pushing back against a request from the Red Deer South UCP constituency to reinstate MLA Jennifer Johnson into the UCP caucus.
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
Calgary
-
Family arrives safely in Calgary after escaping the war in Gaza
It was a long-awaited reunion at the Calgary International Airport Saturday as Ossama Zaqqout hugged his parents, who had just arrived after fleeing the war in Gaza.
-
Beltline collision between SUV and motorbike sends driver ‘cartwheeling through the air’
A blue SUV and a motorbike collided Saturday afternoon in the Beltline.
-
2 suspects face charges in April 24 Gleichen homicide
One Siksika Nation resident has been charged and an arrest warrant for a second man has been issued in relation to an April 24 homicide in Gleichen.
Lethbridge
-
Bandits get hat trick from Logan Sawyer en route to 8-2 win over Okotoks
The Brooks Bandits got down to business Friday, defeating the Okotoks Oilers 8-2.
-
'No real winner' following first Alberta NDP leadership debate: political scientist
An Alberta political scientist said the NDP leadership hopefuls remained fairly even following the first of the party’s debates.
-
Multiple grass fires sparked near Kipp rail yard
It was a busy Wednesday evening for fire crews in Lethbridge County after multiple grass fires were sparked near the Kipp rail yard.
Saskatoon
-
Saskatoon care home workers escalating strike action
Workers at group homes run by LutherCare Communities in Saskatoon are escalating their strike action.
-
Saskatoon Indigenous and Palestinian communities gather in collective prayer for Gaza
On Saturday, in a display of cross-cultural solidarity, members of the Indigenous and Palestinian communities gathered in Saskatoon for an event steeped in prayer and dance.
-
Saskatoon police investigating after body found at recycling facility
The Saskatoon Police Service (SPS) and Saskatchewan Coroners Service are investigating after a woman’s body was found at a recycling facility Friday morning.
Regina
-
Regina's Dunlop Art Gallery welcomes new installation
'Feel through the Deepness to see,' an art installation by artist Rita McKeough, will be calling the Dunlop Art Gallery home for the next two months.
-
Annual model train showcase rolls into Regina
Regina's annual model train showcase rolled into town this weekend at the Caledonian Curling Club.
-
Commissionaires at RPL Central Branch named regional team of the year
The team of Commissionaires at The Regina Public Library’s downtown branch have received one of the organization’s top honours.
Vancouver
-
Vancouver is one step closer to getting a Filipino cultural centre, society says
As the Lower Mainland's Filipino community gathered in South Vancouver for Lapu-Lapu Day on Saturday, one of the festival's organizers set its sights on creating a future focal point for such gatherings.
-
B.C. breweries take home awards at World Beer Cup
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
-
Powerful penalty kill a big part of playoff success for Vancouver Canucks
The special teams unit has become a strength for the Canucks, particularly in the first-round playoff series against the Nashville Predators which the Canucks lead 2-1 heading into Sunday's Game 4.
Vancouver Island
-
B.C. breweries take home awards at World Beer Cup
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
-
Canucks defeat Predators in Game 3, take 2-1 series lead
J.T. Miller had a goal and assist and the Vancouver Canucks edged the Nashville Predators 2-1 to re-take the lead in their first-round playoff series.
-
Haida Elder suing Catholic Church and priest, hopes for 'healing and reconciliation'
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Toronto
-
BOS LEADS TOR 3-1BOS LEADS TOR 3-1 Marchand stars again, Swayman solid as Bruins push frustrated Leafs to the brink
Brad Marchand became the Bruins' all-time leading playoff goal-scorer and added an assist as Boston suffocated the Toronto Maple Leafs 3-1 on Saturday to take a 3-1 lead in the teams' first-round playoff series.
-
Murder charge laid after man falls to death from Toronto apartment balcony
One person has been charged with second-degree murder in connection with the death of a man who fell from a balcony following an altercation inside a Toronto apartment building.
-
Invasive and toxic hammerhead worms make themselves at home in Ontario
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
Montreal
-
'Divest now': Students launch encampment at McGill University
Several students have launched an encampment at McGill University as they call on the institution to cut financial ties with Israel.
-
Transit trips up among seniors since Montreal introduced free fare program, city says
Montreal says public transit trips were up between 15 and 20 per cent among people age 65 and over in the six months after it made the service free for local seniors.
-
Driver arrested after woman, 51, dies in head-on collision in Lachute
Quebec provincial police say a 51-year-old woman has died after a head-on collision in the town of Lachute, roughly 50 kilometres west of Montreal, early this morning.
Atlantic
-
Bidders express interest in buying all or part of SaltWire newspaper business
A Toronto-based restructuring firm says several bidders have offered to buy all or part of SaltWire Network and The Halifax Herald, the two insolvent companies that operate Atlantic Canada's largest newspaper enterprise.
-
Halifax Wanderers kick off season with home opener against Ottawa
Halifax’s professional soccer team kicks off its sixth season against Ottawa on Saturday with a sold-out crowd of 6,500 fans on the Wanderers Grounds.
-
New Brunswick strongest men and women compete in Saint John for title of strongest in the province
“This is the largest year we’ve had”: annual provincial strongman competition sees record levels of participation and support with 55 athletes taking part
Winnipeg
-
A timeline of the Jeremy Skibicki case
The trial for the man accused of killing four Indigenous women in Winnipeg is set to get underway on April 29.
-
Canadian history sizes down in small scale model competition
A Winnipeg scale model builder is using his craft to showcase a large piece of Canadian history in miniature form.
-
Ice pileup warnings for Lake Manitoba and Lake Winnipeg this weekend
With heavy wind gusts expected along Lake Manitoba and Lake Winnipeg this weekend, the provincial government is warning residents and property owners about potential ice pileups.
Ottawa
-
What is a 'halal mortgage'? Does it make housing more accessible?
The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
-
Ottawa woman, 47, facing charges following downtown hate crimes
The Ottawa Police Service says a 47-year-old woman is facing charges following a series of hate crimes in the downtown area last week.
-
No injuries reported following single-vehicle collision on Highway 15 in eastern Ontario
The Ontario Provincial Police (OPP) asked drivers to expect delays after a single-vehicle collision on Highway 15 near Brewers Mills Road Saturday morning.
Northern Ontario
-
Severe thunderstorm watch in effect for Sudbury, West Nipissing
Environment Canada issued a severe thunderstorm watch for several communities in northeastern Ontario on Saturday afternoon – primarily the Greater Sudbury area and West Nipissing.
-
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
-
French River area preparing for more flooding with weekend rain expected
The Municipality of French River has been under a flood watch since Thursday evening and many residents told CTV News that they fear the already high water levels combined with the rain forecasted in the coming days may cause more widespread flooding.
Barrie
-
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
-
Police investigating after senior drowns in Meaford
Police in Meaford are investigating after a senior drowned Saturday morning.
-
All things maple syrup celebrated at annual Elmvale festival
Despite the poor weather, a festival celebrating all things maple syrup drew thousands of people to Elmvale on Saturday.
Kitchener
-
Kitchener family says their 10-year-old needs life-saving drug that cost $600,000
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
-
Pedestrian seriously hurt following hit-and-run crash in Cambridge, driver arrested
A driver has been arrested and a pedestrian has been seriously injured following a hit-and-run crash in Cambridge.
-
Cambridge Moves for Mental Health draws dozens in spite of weather
Rainy weather for the second year in a row once again did not deter attendees from a special fundraising event.
London
-
Fatal crash victim identified as 24-year-old Western University graduate
A 24-year-old man who died Friday in a car crash on Highway 401 has been identified as Omar Barzak from London, Ont.
-
'Beneath all these colours we are all one': Thousands attend Hindu Holi Festival at Victoria Park
London’s Victoria Park was filled with colours Saturday afternoon as those attending Holi threw coloured water and powders into the air in a celebration of spring and unity.
-
'I felt disappointed': Local women’s advocates lament MP Karen Vecchio’s ouster as Status of Women Committee chair
At an event in which she was celebrated for her advocacy of women’s issues, Karen Vecchio was in no mood to speak about her removal from her role of chair of Federal Parliament’s Status of Women Committee.
Windsor
-
VIDEOVIDEO From Windsor high school grad to New York Giant: Theo Johnson selected in NFL Draft
A former graduate of Holy Names Catholic High School in Windsor will soon be moving to New York after being selected during the 2024 NFL Draft.
-
'It’s just life changing': No need to sell home after Windsorite wins 100K
Playing bingo in April made a local resident $100,000 richer -- and will keep him in his home.
-
Alleged hate crimes reported at University of Windsor campus
Campus police are investigating after homophobic slurs were carved into the door of the University of Windsor’s Campus Pride Centre earlier this month.
