Category: bcIMC

Not-Net-zero, on steroids

If you are a member of a public service pension, you may know that retirement benefits have been cut in recent times. What has not been cut is remuneration of top executives at pension fund manager bcIMC, where it appears that compensation rises steadily, whether investment returns are good or bad.

Disvalue for money

In its last fiscal year, BC Investment Management Corporation (bcIMC) paid its top five executives $7.25 million. In its last fiscal year, Washington State Investment Board (WSIB) paid its top five executives $1.76 million. In Victoria, CEO Gordon Fyfe is paid almost five times the amount paid Gary Bruebaker, WSIB’s  Chief Investment Officer…

FYI

The tobacco industry is being sued by Canadian provinces that aim to recover more than $100 billion in healthcare costs associated with tobacco related illness. British Columbia is one of the plaintiffs. […]