Standard Life (Canada) Explained

Standard Life Assurance Company of Canada
Type:Subsidiary of (Manulife)
Foundation:1833
Defunct:2016
Location:Montreal, Quebec, Canada
Key People:Charles Guay (President & CEO)
Industry:Financial services
Products:Insurance
Num Employees:2,000
Parent:Manulife
Homepage:https://www.manulife.ca/for-you/sl-transition.html

The Standard Life Assurance Company of Canada (also known as Standard Life) was an investment, retirement and financial protection company and is now part of Manulife Financial.[1]

History

Standard Life first established a presence in Canada through John George Irvine, who took an agency in Quebec in 1834.[2] Spencer Campbell Thomson, son of the manager of the Standard Life Assurance Company, visited Canada in 1882 and approved a new Canadian head office in St James Street.[3]

On January 30, 2015, the Canadian operations of Standard Life plc joined Manulife.[1]

Notes and References

  1. News: Manulife acquisition of Standard Life wins strong market support | Financial Post. Financial Post . January 30, 2015. Melnitzer . Julius .
  2. Book: Moss, Michael S.. Standard Life, 1825-2000 : the building of Europe's largest mutual life company. 2000. Mainstream Pub. 1-84018-290-3. 38. 43376705.
  3. Moss 2000, p.128