This is your daily pension announcement: The how did we get here edition? Andrew Willis does an excellent job of explaining how this might of happened. For those who want details.... #ABLeg #handsoffmypension https://www.theglobeandmail.com/business/commentary/article-the-blowback-of-aimcos-gamble-with-market-volatility/
He quotes Dr. Ascah's report on AIMCo as I have in the past:
“Unfortunately, there were no clear, public performance standards established for AIMCo as a whole and therefore no public assessment or debate of the success of the AIMCo corporatization project.” #ABLeg
“Unfortunately, there were no clear, public performance standards established for AIMCo as a whole and therefore no public assessment or debate of the success of the AIMCo corporatization project.” #ABLeg