3
Taxes paid to all levels of
government in Canada in
2016
·
Benefit payments to Canadians increased to $88 billion, or nearly
$1.7 billion a week
·
Premium revenues in Canada grew to $106 billion
·
Total assets in Canada grew to over $810 billion, including $40 billion
in infrastructure investments
·
Foreign operations of Canadian insurers continued to expand with
premium revenues jumping 27.9% to $86 billion, due to significant
growth outside of North America
Donated to
charities, supporting
health, education and
humanitarian relief in
2016
Life insurers provide one of the country's most important
sources of long-term capital, including infrastructure
financing
$55M
$7.3B
2016 Industry highlights:
$740B
Bonds 38%
Stocks 17%
Mutual funds 30%
Mortgage loans 6%
Real estate 3%
Other 6%
in long-term
investments
Over
