Canada Life Financial
|Industry||Financial Services (Insurance)|
|Headquarters||Toronto, Ontario, Canada|
|Key people||Allen Loney, President and Chief Executive Officer|
Founded in 1847, it was acquired by The Great-West Life Assurance Company in 2003, after rejecting a hostile takeover bid by rival Manulife. Hugh Cossart Baker, Sr. established the first life insurance company in Canada 21 August 1847; the Canada Life Assurance Company. The firm was incorporated in 1849. The first head office was in Hamilton, Ontario on the top floor of the Mechanics' Institute on James Street near Merrick, where the Hamilton City Centre (formerly the Eaton's Centre) now stands. The head office remained in Hamilton until 1900, when the new president George Cox moved it to Toronto. He was the father of telephone pioneer Hugh Cossart Baker, Jr..
Besides Canada, Canada Life has offices in:
Canada Life in the UK
Canada Life began operations in the United Kingdom in 1903.
- Bailey, Thomas Melville (1981). Dictionary of Hamilton Biography (Vol I, 1791-1875). W.L. Griffin Ltd.
- "Chronolgy of the Regional Municipality of Hamilton-Ontario". Retrieved 2007-02-05.
- Houghton, Margaret (2003). The Hamiltonians, 100 Fascinating Lives. James Lorimer & Company Ltd., Publishers Toronto. p. 6. ISBN 1-55028-804-0.