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Focus on well-being

Our programs are developed with one question in mind

Will this help advance our commitment to the financial, physical and mental well-being of Canadians?

From diverse and inclusive communities and a healthy environment, to financial support in times of need, here are some of the ways we contributed to the financial, physical and mental well-being of Canadians in 2022.

  • $11.1M

    contributed in community funding across Canada

  • $2.3M

    raised by employees for charitable organizations

  • $8.7B

    in benefits paid

Financial well-being

It can be a challenge for many Canadians to balance short-term financial responsibilities against longer-term goals, which can impact their mental health.

Through charitable contributions to financial literacy initiatives, research and technology investments, and work with financial planners, advisors and employers, we can help Canadians plan and enjoy a lifetime of financial well-being.

  • Helping beneficiaries administer an estate

    We teamed up with Peacehold Canada, who offers Estate at Ease™ to our individual customer clients, a service that helps executors administer their loved one’s estate.

  • Offering Canadians sustainable and affordable investments

    We added two new underlying funds to our Canada Life Sustainable Portfolios and Canada Life Sustainable Target Date Funds, making it easier for customers to invest in line with their values for a more sustainable world through their savings.

Physical well-being

When it comes to physical well-being, our goal is to help Canadians achieve positive health outcomes while protecting the sustainability of employer-sponsored benefit plans. 

  • Working to keep medications accessible and affordable for Canadians

    We developed and implemented an industry-wide advocacy campaign to promote the importance of private employer benefit plans as part of the national pharmacare discussion.

  • Playing our part in delivering biosimilar drug strategies

    We’re committed to balancing our plan members’ health needs with plan sponsors’ cost management needs. Biosimilars are medications that are like their brand-name counterparts and are proven to be safe and effective.

Mental well-being

As an organization dedicated to the mental well-being of Canadians, some of the areas we focus on include:

  • Addressing mental health and building resilience

  • Creating psychologically safe workplaces

  • Coping with stress in post-secondary education

In 2022

  • $2M

    We invested nearly $2 million in Workplace Strategies for Mental Health and charitable contributions to mental health-related initiatives.

  • 2,000,000

    There were nearly 2,000,000 page views on the Workplace Strategies website.

  • 650,000 +

    More than 650,000 visitors browsed the Workplace Strategies - Opens in a new window website, accessing free tools and resources.

Workplace Strategies for Mental Health, compliments of Canada Life (Workplace Strategies), is part of our commitment to the mental well-being of Canadians. Workplace Strategies offers a range of free tools and resources for employers and employees to protect psychological health and safety at work. To learn more, visit the Workplace Strategies for Mental Health - Opens in a new window website.

2022 Public Accountability Statement

From providing financial support for community initiatives, to being recognized as a leader in sustainability, our aim is to positively impact the world around us.

2022 Public Accountability Statement

Contact us to request a physical copy of our Public Accountability Statement.