Alberta Bill 12: Financial Statutes Amendment Act, 2025 receives Royal Assent
December 22, 2025
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On December 11, 2025, Alberta’s Bill 12, the Financial Statutes Amendment Act, 2025 (No. 2) (“Bill 12”) received Royal Assent.
Bill 12 was introduced by the President of Treasury Board and Minister of Finance. It makes housekeeping amendments to the Employment Pension Plans Act to address ambiguous phrasing, make minor updates to increase accuracy, and update outdated references and name changes. The Alberta government has noted that these changes have no effect on policy.
Additionally, Bill 12 amends the Alberta Investment Management Corporation Act (“AIMCo Act”) to include a new section which provides AIMCo and the Crown immunity against claims from public sector pension plans. This applies to potential financial aspects associated with investment management services delivered before November 2024.
Click ‘More Information’ below to review Bill 12:
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