Canada Life

From WikiMD's Wellness Encyclopedia

Error creating thumbnail:
Error creating thumbnail:
Error creating thumbnail:
Error creating thumbnail:
Head offices of the Canada Life Assurance Co., Toronto.JPG
Canada Life
Company typeSubsidiary
IndustryFinancial services
Founded1847
FounderHugh Cossart Baker Sr.
Key people
Paul A. Mahon (President and CEO)
ProductsInsurance, Investment management, Retirement planning
ParentGreat-West Lifeco


Canada Life is a Canadian insurance company that was founded in 1847. It is one of the oldest and most prominent insurance companies in Canada. The company offers a wide range of financial services, including life insurance, health insurance, investment management, and retirement planning.

History[edit | edit source]

Canada Life was established in 1847 by Hugh Cossart Baker Sr. in Hamilton, Ontario. It was the first life insurance company in Canada. Over the years, Canada Life expanded its operations and product offerings, becoming a significant player in the Canadian financial services industry.

In 2003, Canada Life was acquired by Great-West Lifeco, a subsidiary of Power Corporation of Canada. The acquisition allowed Canada Life to expand its reach and resources, further solidifying its position in the market.

Products and Services[edit | edit source]

Canada Life provides a variety of financial products and services, including:

Headquarters[edit | edit source]

The headquarters of Canada Life is located in Winnipeg, Manitoba. The company also has offices across Canada and in other countries, serving millions of policyholders worldwide.

Key People[edit | edit source]

The current President and CEO of Canada Life is Paul A. Mahon. Under his leadership, the company continues to grow and adapt to the changing financial landscape.

Parent Company[edit | edit source]

Canada Life is a subsidiary of Great-West Lifeco, which is part of the Power Corporation of Canada group of companies. This relationship provides Canada Life with additional resources and support, enabling it to offer a wide range of financial products and services.

See Also[edit | edit source]

References[edit | edit source]

External Links[edit | edit source]

WikiMD
Navigation: Wellness - Encyclopedia - Health topics - Disease Index‏‎ - Drugs - World Directory - Gray's Anatomy - Keto diet - Recipes

Search WikiMD

Ad.Tired of being Overweight? Try W8MD's physician weight loss program.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro / Zepbound) available.
Advertise on WikiMD

WikiMD's Wellness Encyclopedia

Let Food Be Thy Medicine
Medicine Thy Food - Hippocrates

WikiMD is not a substitute for professional medical advice. See full disclaimer.
Credits:Most images are courtesy of Wikimedia commons, and templates Wikipedia, licensed under CC BY SA or similar.

Contributors: Prab R. Tumpati, MD