3
Taxes paid to all levels of
government in Canada in
2017
·
Benefit payments to Canadians increased to $92 billion, or nearly
$1.8 billion a week
·
Premiums in Canada grew to over $110 billion
·
Total assets in Canada grew to almost $860 billion, including
$42 billion in infrastructure investments
·
Foreign operations of Canadian insurers have almost doubled over
the past 5 years, due to significant growth outside of North America
Donated to
charities, supporting
health, education and
humanitarian relief in
2017
Life insurers provide one of the country's most important
sources of long-term capital, including infrastructure
financing
$56M
$7.7B
2017 Industry highlights:
Bonds 36%
Stocks 18%
Mutual funds 30%
Mortgage loans 6%
Real estate 3%
Other 7%
$780B
in long-term
investments
Over
