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The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company have become one company – The Canada Life Assurance Company. Discover the new Canada Life

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Canada Life Investment Management Ltd. postpones proposed mutual fund mergers

London, ON, December 13, 2024 – Canada Life Investment Management Ltd. (CLIML), today announced that it is postponing the proposed mergers and related investor meetings of three mutual funds in its Counsel Portfolios lineup.

CLIML is postponing the following fund mergers:

Terminating Fund
Continuing Fund
Counsel Retirement Preservation Portfolio
Counsel Conservative Portfolio
Counsel Retirement Foundation Portfolio
Counsel Balanced Portfolio
Counsel Retirement Accumulation Portfolio
Counsel Growth Portfolio


The proposed mergers were previously announced on November 15, 2024.

CLIML has concluded that due to the current uncertainty resulting from the Canada Post mail service disruptions, it would be prudent and in the best interests of each of the Terminating Funds and the Continuing Funds to defer the investor meetings and the proposed mergers to a future date. CLIML will provide investors with an update with respect to the proposed mergers and related investor meetings when available.

About Canada Life Investment Management Ltd.

Canada Life Investment Management Ltd. (CLIML) is an investment management firm offering wealth management products and services for individuals, families and business owners. The funds are sub-advised by leading asset managers, providing access to specialized investment expertise from around the world. CLIML is a subsidiary of The Canada Life Assurance Company. Learn more.

For more information, contact:

Leezann Freed-Lobchuk
Director, Media Relations, Canada Life
Media.Relations@canadalife.com

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