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Who we are

Canada Life provides a wide range of insurance and wealth management products for individuals, families and business owners from coast to coast.

At Canada Life, we’re focused on improving the financial, physical and mental well-being of Canadians. Our customers across Canada trust us to provide for their financial security needs and to deliver on the promises we make.

That trust is built on the dedication, skill and energy of our employees and advisors and their commitment to our customers and to our communities.

Canada Life is a subsidiary of Great-West Lifeco Inc. - Opens in a new window and is a member of the Power Corporation group of companies.

The new Canada Life

Our 3 companies – Great-West Life, London Life and Canada Life – have come together under 1 brand.

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We put our customers and communities at the centre of what we do

Whether handling policy claims, growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.

  • 12 million

    customer relationships

  • $2.4 million

    raised by our employees for charitable organizations

  • 41.1% reduction

    in greenhouse gas emissions since 2013

In 2021, Canada Life:

  • Helped families cope with loss, paying out more than $6.3 billion in life and health insurance benefits.

  • Provided income for over 110,000 people who became disabled and could no longer work.

  • Made over $947 million in annuity payments, helping Canadians fund their retirement with a secure income stream.

  • Helped over 27,800 employers provide benefit plans and more than 10,500 employers offer retirement savings plans for their employees.

  • Contributed $10.1 million to Canadian communities.

Want to learn more about Canada Life?

Organization chart

The organizational chart shows the relationships between Great-West Lifeco, Canada Life and other subsidiaries.

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Our company history

Founded in 1847, The Canada Life Assurance Company was Canada’s first domestic life insurance company.

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Investment management

We take pride in making disciplined long-term investments that support growth in the economy while helping Canadians reach their financial goals.

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