This is your daily pension announcement. Details make all the difference in the gut pile of pension policy. So today I will focus on getting some random details out. God knows the GOA would not provide them. #AbLeg
First, I talked to some Toronto lawyers that have no direct connection to the @aimcoinvests negligence arbitration but were able to provide opinions more informed than my own. #AbLeg
Their collective opinion is that the GOA will try to delay, delay, and further delay the arbitration. Given the complexities of this situation and the staggering amount of money involved, a verdict may be possible well over a year from now. In other words, after the election.
That is a shame as justice delayed is (often) justice denied. Kicking the can down the road might seem like a good UCP strategy now, but I can guarantee ripping the band aid off now would be less traumatic. #AbLeg
Going back to Bob Dhillon being appointed to the @aimcoinvests Board. My concern is not his credentials or character. Rather, he has been a serial UCP appointee. Alberta Ingenuity, Economic Recovery Council......etc. #AbLeg #handsoffmypension
Which shows that his strongest asset is being aligned with the UCP. That isn't what the @aimcoinvests Board needs. It needs independent thought and skeptical inquiry. This presents the specter of casual influence towards the UCP agenda in the Board room.
This is why the current structure can't be trusted. The GOA has the minority of assets on deposit with @aimcoinvests and yet they keep acting like they have the majority. #AbLeg
If @aimcoinvests is found to have been grossly negligent through the whole VOLTS debacle I can guarantee that further litigation will be required to resolve remaining fiduciary issues. #AbLeg #handsoffmypension
Have a good day.
Have a good day.
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