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Assumption Life
Assumption Mutual Life Insurance Company, operating as Assumption Life (french: Assomption Vie), is a Canadian life insurance and asset management company based in Moncton, New Brunswick. History The company was established in 1903 by Acadians in Massachusetts as ''la Société l'Assomption'', a small life insurance agency. The company moved to Moncton in 1913 and up until 1969 the company was run as a fraternal society before becoming a mutual organization. In 1972, Assumption Life moved into their new head office in Moncton, Assumption Place, which is by far the tallest building in the city. Subsidiaries Assumption Life has majority control over the following companies: * Louisbourg Investments Inc., an investment portfolio management firm with over 1.4 billion dollars of assets under management. * Assumption Place Ltd., A real estate holding company which owns the company's head office in Moncton (Assumption Place) along with other properties in Moncton and Edmundston, N ...
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Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ...
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ...
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Life Insurance Companies Of Canada
Life is a quality that distinguishes matter that has biological processes, such as signaling and self-sustaining processes, from that which does not, and is defined by the capacity for growth, reaction to stimuli, metabolism, energy transformation, and reproduction. Various forms of life exist, such as plants, animals, fungi, protists, archaea, and bacteria. Biology is the science that studies life. The gene is the unit of heredity, whereas the cell is the structural and functional unit of life. There are two kinds of cells, prokaryotic and eukaryotic, both of which consist of cytoplasm enclosed within a membrane and contain many biomolecules such as proteins and nucleic acids. Cells reproduce through a process of cell division, in which the parent cell divides into two or more daughter cells and passes its genes onto a new generation, sometimes producing genetic variation. Organisms, or the individual entities of life, are generally thought to be open systems ...
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Companies Based In Moncton
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Financial Services Companies Established In 1903
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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List Of Companies Headquartered In Moncton
Companies (2014 onwards) This is a partial list of companies that are headquartered in the Greater Moncton Area, including Dieppe and Riverview, New Brunswick, Canada: Arms of J.D. Irving Limited based in Moncton Former companies This is a list of notable head offices formerly located in Moncton: * Canadian National Railway (Atlantic Region) * CN Marine * Eaton's catalogue (Atlantic Region) * Intercolonial Railway of Canada See also * Chamber of commerce *Acadian French Acadian French (french: français acadien, acadjonne) is a variety of French spoken by Acadians, mostly in the region of Acadia, Canada. Acadian French has 7 regional accents, including chiac and brayon. Phonology Since there was relatively li ... References {{Reflist External linksThe Greater Moncton Chamber of Commerce official website * Moncton ...
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Michel Bastarache
J. E. Michel Bastarache (born 1947) is a Canadian lawyer, businessman, and retired puisne justice on the Supreme Court of Canada. Early life and education Born in Quebec City on June 10, 1947, Bastarache earned his Bachelor of Arts degree from the Université de Moncton in 1967. He received a ''Licence d'études supérieures en droit public'' from the University of Nice in 1972. He received a Bachelor of Law degree from the University of Ottawa in 1978. He was called to the New Brunswick Bar in 1980, the Alberta Bar in 1985, and the Ontario Bar in 1986. Career From 1970 to 1971, he was a legal translator for the Province of New Brunswick. In 1973, he was the general secretary for the Société des Acadiens et Acadiennes du Nouveau-Brunswick. In 1974, he was the assistant to the president of Assumption Mutual Life, becoming director of sales in 1975, and vice-president of marketing in 1976. In 1978, he joined the Université de Moncton as a law professor and was dean of th ...
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Edmundston
Edmundston is a city in Madawaska County, New Brunswick, Canada. On 1 January 2023, Edmundston will expanded, annexing the village of Rivière-Verte and parts of the local service districts of the parish of Saint-Jacques and the parish of Saint-Joseph. History During the early colonial period, the area was a camping and meeting place of the Maliseet (Wolastoqiyik) Nation during seasonal migrations. From the mid to late eighteenth century, one of the largest Maliseet villages had been established at Madawaska and had become a refuge site for other Wabanaki peoples. The Maliseet village was originally located near the falls at the confluence of the Madawaska and Saint John Rivers. Currently, the City of Edmundston surrounds a federal Indian Reserve (St. Basile 10/Madawaska Maliseet First Nation). Originally named ''Petit-Sault'' (Little Falls) in reference to the waterfalls located where the Madawaska River merges into the Saint John River, the settlement was renamed ''Edmun ...
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List Of Tallest Buildings In Moncton
The City of Moncton and its metropolitan area (Dieppe and Riverview) is the largest in New Brunswick, Canada. Its skyline is dominated by the Bell Aliant Tower, constructed in 1971 at a height of 127 m (417 ft - Equiv. to approx. 32 floors), the tallest free-standing structure in all four Atlantic provinces. The tallest building in the city is the 20- storey, Assumption Place. The complex, with its two adjoining mid rise structure, was completed in 1972. The second tallest building in the city is the Blue Cross Centre, standing at only tall with 9 storeys. , the city contains 1 skyscraper over and 9 high-rise buildings that exceed in height. The city has more mid rise structures spread out in the urbanized region, i.e. 20 m to 35 m, than the high rises. Tallest buildings This list ranks Moncton high-rises and skyscrapers that stand at least tall, based on CTBUH height measurement standards. This includes spires and architectural details but does not include ...
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Assumption Place
Assumption Place is an office building in Moncton, New Brunswick, Canada. It is the headquarters of Assumption Life. It is tied for the title of tallest office building in New Brunswick with the Brunswick Square in Saint John, New Brunswick. The building has the most levels of any building in New Brunswick at 20. In 1970 the City of Moncton approved the building. At that time NBTel realized the building would be high enough to block radio signals coming from the tower they had at that time in downtown Moncton. This was the reason for the construction of the NBTel Tower, now called the Bell Aliant Tower. Place Assomption should not be confused with the former Assomption Building at 236 St George Street, which was built in 1955. Today that particular structure is known as Maison Commerce House. See also * List of tallest buildings in Moncton The City of Moncton and its metropolitan area (Dieppe and Riverview) is the largest in New Brunswick, Canada. Its skyline is dominated by ...
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Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ...
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Acadian
The Acadians (french: Acadiens , ) are an ethnic group descended from the French who settled in the New France colony of Acadia during the 17th and 18th centuries. Most Acadians live in the region of Acadia, as it is the region where the descendants of a few Acadians who escaped the Expulsion of the Acadians (aka The Great Upheaval / ''Le Grand Dérangement'') re-settled. Most Acadians in Canada continue to live in majority French-speaking communities, notably those in New Brunswick where Acadians and Francophones are granted autonomy in areas such as education and health. Acadia was one of the 5 regions of New France. Acadia was located in what is now Eastern Canada's Maritime provinces, as well as parts of Quebec and present-day Maine to the Kennebec River. It was ethnically, geographically and administratively different from the other French colonies and the French colony of Canada (modern-day Quebec). As a result, the Acadians developed a distinct history and culture. ...
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