Alberta Carpenters' and Allied Workers' Trust Funds

Alberta Carpenters' and Allied Workers' Trust Funds

The fund was established in 2004 to administer pension, health, and wellness plans for members of the United Brotherhood of Carpenters and Joiners of America in Alberta. Robert J. Provencher served as Board Chair of both the pension and health plans from 2005 until his retirement in March 2024. Assets include an 11.33 percent allocation to private equity. The fund owns its headquarters building at 15315 123 Avenue NW in Edmonton, a mass-timber structure completed as a legacy project. Geographic focus remains Alberta and British Columbia through reciprocal agreements with other carpenter locals. No direct co-investments or fund commitments beyond the stated private equity slice appear in available records. Staff size is not disclosed. The fund participates in the Building Trades of Alberta Charitable Foundation, directing grants to juvenile diabetes research, Habitat for Humanity, and Wounded Warriors. Paul Owens also serves on the Investment Committee and maintains ties to the Construction Labor Relations Association of Alberta. In 2024 Owens acted as a judge for the IPE European Pension Fund Awards. Governance rests on joint trusteeship between the Carpenters' Regional Council and employer representatives, with no external investment manager disclosed. This arrangement keeps benefit design and asset oversight within the same board structure.