I’m at the Heritage Fund meeting, where Aimco is here to answer questions about their performance in investing our Heritage Fund. We have some big questions about Aimco’s performance relative to their own benchmarks for the past several years. #ableg
The govt is currently trying to obfuscate Aimco’s performance relative to their own benchmarks. In fact, they even tried to hide this performance, by withholding information on their performance, in the first-quarter Heritage Fund update. #ableg
The Heritage Fund belongs to ordinary people. Not bureaucrats. Not high-flyin traders. All of us. Most of its value is the tremendous resources working class Albertans pulled out of the ground during the Lougheed-era oil boom of the 70s. We expect it to be stewarded. #ableg
Aimco’s CEO has had $12 million of Albertans’ money direct deposited in to his bank account over the past 5 years. He’s the highest-paid public servant in the province. It’s his job to hit their own performance benchmarks for investing our Heritage Fund. He hasn’t. #ableg
Today, my colleagues and I will be asking some very direct questions about Aimco’s performance. Remember: this is the folks that lost $2BILLION in risky trading schemes that made Aimco a laughingstock. #ableg
Remember: Aimco is the group of folks that Jason Kenney wants to hand your CPP over to. #ableg
Remember: if you’re a teacher, nurse, school custodian, front-desk clerk at a city or town, firefighter, or any of the hundreds of thousands of Albertans who defers income in to a modest public sector pension plan, Aimco now controls the investment of your pension. #ableg

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More from @SPhillipsAB

25 Jul
Jason Kenney is in #lethbridge today. Families here need answers about his lack of plan or resources for the return to school.
More than 10,000 people have already signed our petition calling on the UCP to fund a safer school plan for the fall. #ableg #yql #abed 1/
Right now, the UCP plans to cram up to 30 kids in to underfunded classrooms, without any extra teachers or assistants, space, PPE or supplies - leaving school boards scrambling.
Yes, it costs money to prepare fora global pandemic. They've had since March to figure it out. 2/
And since March, they've found plenty of money for the following:
-Accelerating $4.7 billion in handouts to already-profitable corporations
-$30 million for an "energy war room," an amateurish propaganda effort that has done nothing but serially embarrass itself 3/ #ableg
Read 6 tweets
9 Jul
Tonight, my friend @MarieFrRenaud pointed out, during debate, that some members undertake intimidating, unparliamentary behaviour in the House. The women on our side of the House often deal with staring, posturing, scoffing and other non-verbal forms of harassment. #ableg
I've been around #ableg for almost 20 years as staffer/ observer/MLA. There's always debate, there's always heckling. It's a floor of a legislature in a Westminster Parliament. Rules-based, orderly debate includes well-placed heckles. That's not intimidating, it's the job.
But. A man turning his chair around to stare at an MLA while they speak, scoffing at everything they say, puffing himself up in his chair, laughing at the MLA trying to speak, continually trying to throw them off with verbal and non-verbal harassment... isn't the rules. #ableg
Read 6 tweets
9 Jul
By the time the UCP American-Style Health Care bill passes, the CDC estimates 160,000 Americans will have died of coronavirus.
This bill allows for-profit clinics, hospitals. It allows govt to delist a bunch of services so you'll have to pay for them. #ableg THREAD.
It used to be the few for-profit clinics in the system had to prove they were going to add to reducing wait times and wouldn't siphon resources from the public system. The new UCP American for-profit hospitals don't have to prove that anymore. This isn't about wait times. #ableg
This is about opening up a new market for private health insurance and for-profit hospitals. The UCP wants Albertans to look south, during a pandemic where a botched response and lack of health care has cost so many American lives, with envy. Strange political strategy. #ableg
Read 5 tweets
14 May
Hey #Calgary, I have to say I feel so worried for your many businesses & livelihoods disrupted at 10 o'clock last night when we all heard Mr. Kenney & the UCP changed their minds about your city's reopening. The Premier's 11th-hour decision is expensive. (Thread) 1/ #AbLeg #yyc
Fact is, the UCP and their Calgary MLAs would have known many days ago that #yyc virus numbers remain a concern. People warned about this, but it seems Mr. Kenney preferred a nice political story and he'll play games with the #Calgary economy and jobs to get it. #ableg 2/
Look, it's not a choice between "reopening" or "not re-opening." Mr. Kenney often posits this false &dishonest choice in his remarks. It's a question of reopening with a plan or without one. With no support for small biz in guidelines or PPE, no help with costs...#yyc #ableg 3/
Read 10 tweets
26 Apr
This morning, Jason Kenney's close friend and economic advisor, took to twitter to share his regrettable opinions on Canada's worst mass shooting and the coronavirus. Here are my thoughts. 1/

First, let me once again extend my condolences to Nova Scotians who lost loved ones in this tragedy. The loss is unimaginable, and the ability to grieve is made doubly difficult by the circumstances. My heart goes out to the entire province. 2/
New reports have surfaced indicating the murderer first got into an argument with his partner, one of the victims, at a party. The murderer assaulted her at his cottage. We have few details, but this didn't stop @jackmintz from displaying extremely poor judgement. 3/
Read 8 tweets
9 Aug 19
Jason Kenney's Advanced Ed Minister thinks a Holocaust denier should have been protected at the Uni of Lethbridge & shouldn't have been let go a few years ago. In fact, he thinks we need to change our policies to allow a holocaust denier a platform & a paycheque.
Background: The UCP want to impose a new so-called "free speech" standard at universities, even though we already have those rights in the Charter. Even so, the UCP are bringing in what's called the "Chicago Principles" for Alberta universities.
All of this sounds a bit academic, until the Minister was asked, on a radio show, what problem he was trying to solve with this initiative. And the answer he gave was the case of Tony Hall here at the University of Lethbridge.
Read 13 tweets

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