Agencies reporting to the
President of Treasury Board, Minister of Finance
Agencies are established by the provincial government to fulfill a range of services and functions. Agencies are directly responsible to a minister and along with the related department, form the ministry.
For the purposes of the Public Agencies Governance Framework, an agency is a board, commission, tribunal or other organization:
- established by government but not part of a government department;
- that has been given responsibility to perform a public function;
- that is accountable to government;
- that has some degree of autonomy from government; and
- for which the government holds the primary power of appointment.
The Public Agency Secretariat (PAS) is the Government of Alberta's centrally-located resource on public agencies. The PAS reports to our Minister, and collaborates with departments and public agencies to promote a consistent approach to public agency governance, recruitment and compensation. See the links below for:
The agencies as defined by the Alberta Public Agencies Governance Act (APAGA) which are accountable to the President of Treasury Board, Minister of Finance are listed below. Click on the links to view a description of the agency, and access other documents.
TBF Agencies - Index
- Accreditation Committee
- Advisory Committee on Alternative Capital Financing (ACACF)
- Alberta Capital Finance Authority (ACFA)
- Alberta Gaming and Liquor Commission (AGLC)
- Alberta Investment Management Corporation (AIMCo)
- Alberta Local Authorities Pension Plan Corporation (ALAPPC)
- Alberta Pensions Services Corporation (APS)
- Alberta Securities Commission (ASC)
- Alberta Treasury Branches (ATB Financial)
- Audit Committee
- Automobile Insurance Rate Board (AIRB)
- Credit Union Deposit Guarantee Corporation (CUDGC)
- Horse Racing Appeal Tribunal (Appeal Tribunal)
- Local Authorities Pension Plan Board of Trustees
- Management Employees Pension Board
- Public Service Pension Board
- Special Forces Pension Board
- Teachers' Pension Plans Board of Trustees
The President of Treasury Board and Minister of Finance, responsible for the Insurance Act, appoints the Accreditation Committee, provided for in section 29 of the Insurance Agents and Adjusters Regulation.
The Accreditation Committee, as delegated by the Minister, is responsible for reviewing and approving continuing education providers, continuing education courses, and the hours and means of calculating the continuing education hours, for each course or seminar that can be used towards the 15-hour requirement that licensed agents and adjusters must satisfy each licensing year.
The Alberta Insurance Council (AIC) provides administrative services for the Committee.
The Advisory Committee on Alternative Capital Financing provides recommendations on proposals for alternative financing for capital projects, as required.
The Alberta Capital Finance Authority (ACFA) is a provincial authority and acts only as an agent of the Alberta crown. Its business is to provide local entities with financing for capital projects. ACFA is able to borrow in capital markets at interest rates which would not be available to local authorities acting independently. ACFA makes loans to Alberta municipalities, school boards and other local entities at interest rates based on the cost of its borrowings.
The AGLC’s role is to administer the Gaming and Liquor Act, Regulation and related policy. The AGLC is responsible for regulating Alberta’s charitable gaming activities and conducting and managing provincial gaming activities. It also controls the manufacture, importation, sale, purchase, possession, storage, transportation, use and consumption of liquor in Alberta.
Alberta Investment Management Corporation (AIMCo) became a Crown corporation on January 1, 2008, and is one of Canada’s largest and most diversified institutional investment fund managers, with an investment portfolio of approximately $90 billion. They invest globally on behalf of their clients, 26 pension, endowment and government funds in the Province of Alberta
Alberta Pensions Services Corporation (APS) is a Crown Corporation incorporated in 1995 under the Business Corporations Act of Alberta. APS is responsible for administering seven statutory pension plans under the direction of four pension boards and the Government of Alberta, as well as two supplementary retirement plans.
The Alberta Securities Commission (ASC) regulates the capital market in Alberta and balances the interests of investors, issuers and persons registered to sell securities. It administers the Securities Act, which facilitates a fair and efficient capital market. The securities regulatory system is based on two fundamental principles:
- To provide investors with full, true and plain disclosure so that they can make informed investment decisions.
- Confidence in the integrity of the capital market must be maintained. Confidence in the capital market stems partly from confidence in the securities regulatory system. ASC plays a key role in maintaining confidence in the capital market in Alberta.
The primary role of the Automobile Insurance Rate Board is to regulate automobile insurance rating programs for private passenger vehicles for both basic and additional coverage in Alberta. The Board's vision is to foster an efficient and effective automobile insurance market with fair and predictable rates.
The Provincial Audit Committee (Committee), created under the Auditor General Act as an advisory committee to the government and the Auditor General, is comprised of up to six private sector members and the President of Treasury Board, Minister of Finance.
As per its terms of reference, the Committee reviews and advises the government on issues relating to financial statement presentation and disclosure, accounting policies and pronouncements, and non-financial performance information.
The Committee reviews and advises on matters related to the Auditor General’s reports to the Legislative Assembly prior to its publication and any other reports made by the Auditor General.
The Committee also reviews and advises on any matter related to the financial affairs of the Crown in accordance with a request of the President of Treasury Board, Minister of Finance.
CUDGC guarantees deposits held with credit unions in Alberta. That means if, for some reason, a credit union cannot return a customer's deposit, CUDGC ensures repayment of that deposit.
As well, CUDGC maintains the unclaimed deposits of people who cannot be located by the credit union.
CUDGC also assists, advises and, on occasion, directs credit unions to ensure that credit unions use sound business practices.
CUDGC monitors and regulates credit union performance by conducting examinations and working closely with credit unions on improving the regulatory environment of the credit union system. It also provides loan review and approval for certain credit union loans.
The Horse Racing Appeal Tribunal (Appeal Tribunal) is created under section 23 of the Horse Racing Alberta (HRA) Act. The members of the Appeal Tribunal are appointed by the President of Treasury Board, Minister of Finance, and are responsible for hearing appeals of a ruling or direction of a racing official as defined in the HRA Act.
The Alberta Teachers' Retirement Fund Board (ATRF) is an independent corporation established under the Teachers' Pension Plans Act. ATRF has administered a pension plan for Alberta teachers since 1939.
From its office in Edmonton, ATRF administers the Teachers' Pension Plan for all Alberta teachers employed in school jurisdictions and charter schools. ATRF also administers the Private School Teachers' Pension Plan for teachers employed by those private schools in Alberta that have elected to join the plan. The plans are defined benefit plans partially indexed to inflation.
For more information, visit the ATRF website.