Advisor

In 2022, the federal government announced plans to create the Canadian Dental Care Plan (CDCP) to make dental care affordable for more Canadians. The long-term goal of this plan is to provide dental care coverage for uninsured Canadians with an annual household net income of less than $90,000. There will be no co-pays for those with an annual family income under $70,000. The government estimates that, once fully rolled out, this will support 9 million uninsured Canadians.

Canadians with access to dental coverage will not be eligible for the CDCP.

(Kingston, ON – October 26, 2023) – The Board of Directors of The Empire Life Insurance Company (Empire Life) today declared the following cash dividends:

(Toronto, ON – October 23, 2023) – The Empire Life Insurance Company (Empire Life) launched two new segregated funds available under its Guaranteed Investment Fund contract today.

The new funds are:

Q2 2023 highlights (compared to restated Q2 2022)

Edward Gibson, Senior Vice President, Capital Management and Chief Actuary, Empire Life (EL), Patrick McGrath, Head of Fixed Income and Private Placements, and Paul Holba, Senior Vice President and Chief Investment Officer, Empire Life Investments Inc. (ELII) are pleased to announce the following promotions within the Empire Life investment team: Ian Fung, CFA, has been promoted to Senior Portfolio Manager, and Atul Sriram to Investment Analyst.