Governance

Canada Life believes in the importance of good corporate governance and the central role played by directors in the governance process.

Overview

Canada Life believes in the importance of good corporate governance and the central role played by directors in the governance process. Canada Life believes that sound corporate governance is essential to the well-being of the Company, its shareholders and policyholders.

Canada Life is a subsidiary of The Great-West Life Assurance Company. Great-West Life, together with subsidiaries London Life and Canada Life is a leading Canadian insurer. In Europe, Canada Life has operations in the United Kingdom, Isle of Man and Germany, and Ireland through its subsidiary Irish Life.

Corporate governance practices are aligned between and Canada Life, London Life, Great-West Life and Great-West Life’s parent corporation, Great-West Lifeco Inc. All of the directors of Canada Life are also directors of Great-West Life and London Life and most of the directors of Great-West Lifeco are also directors of Canada Life.

Each of Canada Life, Great-West Life and London Life has adopted similar Board and Board Committee mandates and governance structures and practices as Great-West Lifeco, which the Board of Great-West Lifeco monitors.

Organizational chart

Great-West Life, together with subsidiaries London Life and Canada Life, is a leading Canadian insurer.

Board structure

Canada Life believes that sound corporate governance is essential to the well-being of the Company, its shareholders and policyholders.

Board of directors

Corporate governance practices are aligned between Canada Life, London Life, Great-West Life and Great-West Life’s parent corporation, Great-West Lifeco Inc.

Senior officers

Corporate governance practices are aligned between Canada Life, London Life, Great-West Life and Great-West Life’s parent corporation, Great-West Lifeco Inc.

Annual meeting

The Annual Meeting of Shareholders and Policyholders of Canada Life will be held on May 3, 2018 at 11:00 a.m. ET, in Toronto, Ontario.

Executive compensation

This page shows aggregate compensation for senior officers and other employees who could have material impact on Canada Life’s risk exposure.