2015 Provincial data
NL PE NS NB QC ON MB SK AB BC Canada*
Canadian marketplace
People with protection (thousands) 420 110 730 610 7,400 10,800 980 890 3,000 3,300 28,000
Weekly benefits paid ($millions) 20.6 4.6 43.5 36.0 320.7 736.5 54.0 39.0 169.8 185.8 1,618.6
People employed by industry 760 600 3,700 3,200 28,900 68,500 7,200 5,000 14,500 16,000 148,600
Number of active insurers
1
Life and health insurers 59 58 63 62 73 76 66 65 64 68 84
Not-for-profit health benefit providers 2 2 2 2 3 3 2 3 3 2 8
Fraternal benefit societies
5 6 7 7 11 12 10 9 11 9 12
Total insurers
66 66 72 71 87 91 78 77 78 79 104
Number of head offices - - - 4 18 68 4 3 5 2 104
Provincial tax contributions
2
($millions)
Taxes borne 44 9 47 34 826 893 70 51 179 170 2,330
Taxes collected
- - - - 748 1,426 48 - - - 2,222
Total tax contributions
44 9 47 34 1,574 2,319 118 51 179 170 4,552
1
Excludes 52 property and casualty insurers actively providing health coverage
2
Canada total excludes federal tax contributions. Please refer to the Total tax contribution section of Canadian Life and Health Insurance Facts, 2016 Edition.
Canadian investments
3
Investments ($billions) 13 5 18 12 138 276 22 19 84 80
Long-term investments (%) 97 98 97 96 97 97 97 97 98 97
Investments by type (%)
Corporate securities 33 30 35 36 27 35 25 38 41 33
Mortgage & real estate 5 3 13 7 11 13 10 8 17 17
Mutual funds 31 45 25 29 26 24 30 36 30 26
Provincial bonds 17 14 17 16 22 12 20 9 2 11
Municipal bonds 4 3 4 5 4 4 4 4 4 5
Federal bonds 2 2 2 1 3 5 5 1 1 3
Other
8 3 4 6 7 7 6 4 5 5
Total investments
100 100 100 100 100 100 100 100 100 100
3
Based on CLHIA estimates of direct and indirect Canadian investments
2
