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Mutual Life
The Mutual Life Assurance Company of Canada was a Canadian insurance company that existed from 1868 to 2002. The company's articles of incorporation received royal assent in the Parliament of Ontario on 19 December 1868 as the Ontario Mutual Life Assurance Company. In 1900, it changed its name to the Mutual Life Assurance Company of Canada. At the end of the 20th century, Mutual Life was Canada's fourth largest insurance company. On 10 June 1999, shareholders voted to demutualise the company and to change its name to the Clarica Life Insurance Company. Clarica determined a valuation of CAD 865 million, and on 15 July 1999 made its initial public offering of 42.2 million shares valued at CAD 20.50 per. In December 2001, Sun Life made a CAD 7.1 billion offer to acquire Clarica. Shareholders voted in favour of the takeover on 6 March 2002, and the deal was completed on 29 May.Tara Perkins, "Clarica insurance holds final meeting," ''Waterloo Region Record'', (20 June 2002), E1. Upon ...
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Mutual Organization
A mutual organization, also mutual society or simply mutual, 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 cooperative, members usually do not directly contribute to the capital of the organization, but derive their right to profits and votes through their customer relationship. 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 pay income tax. Surplus revenue made will usually be re-invested in the ...
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Hume Cronyn (politician)
Hume Blake Cronyn Sr. (28 August 186419 June 1933) was a Canadian politician and lawyer. Biography Born in London, Canada West, the son of Verschoyle Cronyn (who was the son of Benjamin Cronyn) and Sophia Eliza Blake (who was the daughter of William Hume Blake), Cronyn was educated at Dr. Tassie's grammar school in Galt, Ontario and at the University of Toronto where he received a Bachelor of Arts degree and a Bachelor of Law degree in 1889. He was called to the Ontario bar in 1889 and practised law in London. In 1907 he was appointed general manager of The Huron and Erie Mortgage Corporation. He was also a General Manager of the Canada Trust Company and a Director of the Mutual Life Assurance Company of Canada. While at the University of Toronto he enlisted in The Queen's Own Rifles of Canada and served during the North-West Rebellion of 1885 and fought in the Battle of Cut Knife. Afterwards he joined the 7th Fusiliers, and served as Major from 1899 to 1907. He was elect ...
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History Of Waterloo, Ontario
Waterloo is a city in the Canadian province of Ontario. It is one of three cities in the Regional Municipality of Waterloo (formerly Waterloo County). Waterloo is situated about west-southwest of Toronto, but it is not considered to be part of the Greater Toronto Area (GTA). Due to the close proximity of the city of Kitchener to Waterloo, the two together are often referred to as "Kitchener–Waterloo", "K-W", or "The Twin Cities". While several unsuccessful attempts to combine the municipalities of Kitchener and Waterloo have been made, following the 1973 establishment of the Region of Waterloo, less motivation to do so existed, and as a result, Waterloo remains an independent city. At the time of the 2021 census, the population of Waterloo was 121,436. History Indigenous peoples and settlement Indigenous peoples such as the Iroquois, Anishinaabe and Chonnonton lived in the area. After the end of the American Revolution, Joseph Brant, a Mohawk war chief, wanted Freder ...
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1868 Establishments In Canada
Events January * January 2 – British Expedition to Abyssinia: Robert Napier, 1st Baron Napier of Magdala, Robert Napier leads an expedition to free captive British officials and missionaries. * January 3 – The 15-year-old Mutsuhito, Emperor Meiji of Japan, declares the ''Meiji Restoration'', his own restoration to full power, under the influence of supporters from the Chōshū Domain, Chōshū and Satsuma Domains, and against the supporters of the Tokugawa shogunate, triggering the Boshin War. * January 5 – Paraguayan War: Brazilian Army commander Luís Alves de Lima e Silva, Duke of Caxias, enters Asunción, Paraguay's capital. Some days later he declares the war is over. Nevertheless, Francisco Solano López, Paraguay's president, prepares guerrillas to fight in the countryside. * January 7 – The Arkansas Constitutional Convention of 1868, Arkansas constitutional convention meets in Little Rock, Arkansas, Little Rock. * January 9 – Penal trans ...
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David A
David (; , "beloved one") was a king of ancient Israel and Judah and the third king of the United Monarchy, according to the Hebrew Bible and Old Testament. The Tel Dan stele, an Aramaic-inscribed stone erected by a king of Aram-Damascus in the late 9th/early 8th centuries BCE to commemorate a victory over two enemy kings, contains the phrase (), which is translated as " House of David" by most scholars. The Mesha Stele, erected by King Mesha of Moab in the 9th century BCE, may also refer to the "House of David", although this is disputed. According to Jewish works such as the '' Seder Olam Rabbah'', '' Seder Olam Zutta'', and '' Sefer ha-Qabbalah'' (all written over a thousand years later), David ascended the throne as the king of Judah in 885 BCE. Apart from this, all that is known of David comes from biblical literature, the historicity of which has been extensively challenged,Writing and Rewriting the Story of Solomon in Ancient Israel; by Isaac Kalimi; page 3 ...
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Charles Martin Bowman
Charles Martin Bowman (May 7, 1863 – October 24, 1932) was a politician in Ontario, Canada. He was a Liberal member of the Legislative Assembly of Ontario who represented the ridings of Bruce North from 1898 to 1914 and Bruce West from 1914 to 1919. Background Bowman was born in St. Jacobs, Canada West, the son of Isaac Erb Bowman and Lydia Bowers, and educated there and in Berlin (later Kitchener, Ontario). He entered his father's tanning business and set up a tannery in Southampton in 1880. After a fire destroyed that business, he purchased a tannery at Port Elgin. He went on to operate a furniture business in Southampton. With James Conmee, Bowman was awarded a contract for construction on the Algoma Central Railway. In 1902 he and James Whalen, son-in-law of Liberal M.P. James Conmee, formed the Great Lakes Dredging Company, obtaining large contracts to dredge the Fort William and Port Arthur harbours. In 1886, he married Louisa Hesse. He resided in Southampton, Sa ...
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Robert Astley
Robert Murray Astley (born 26 December 1944), a Fellow of the Canadian Institute of Actuaries, was the chairman of the Canada Pension Plan Investment Board. Biography Astley has been a director of the CPP Investment Board since September 2006, and succeeded its Chairmen of the Board, Gail Cook-Bennett, effective October 2008. Astley is also a Director of the Bank of Montreal and chairman of its human resources and management compensation committee. Astley was formerly the president of Sun Life Financial Canada, president and CEO of Clarica Life Insurance Company, chair of Canadian Life and Health Insurance Association. In 2004 he was succeeded by Kevin Dougherty. Astley is also a former Chair of Wilfrid Laurier University, a former member of the Dean’s Advisory Council, Laurier School of Business & Economics and a former Chair of the K-W Symphony. Astley graduated from the University of Manitoba with an Honours degree in Science. Defamation suit On May 31, 2011, t ...
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John H
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died ), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (died ), one of the twelve apostles of Jesus Christ * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Joh ...
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Isaac Erb Bowman
Isaac Erb Bowman (17August 18323September 1897) was an Ontario businessman and political figure. He represented Waterloo North in the House of Commons of Canada as a Liberal member from 1867 to 1878 and from 1887 to 1896. He was born Isaac Erb Baumann in Woolwich Township in Upper Canada in 1832, the son of John B. Bowman; his parents had moved there from Pennsylvania in 1820. He attended school at the Rockwood Academy in Rockwood, Ontario. For a time, he taught school in the region. Bowman was a partner in a business that sold books in Berlin ( later known as Kitchener) and in a tannery in St. Jacobs. He served as clerk and treasurer for the township and was also postmaster for St. Jacobs. He served as president of the Ontario Mutual Life Insurance Company and the Mercantile Fire Insurance Company. He was elected to the Legislative Assembly of the Province of Canada in an 1864 by-election for the North riding of Waterloo and he was acclaimed in the same riding after Conf ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Sunlife Bldg
SunLife Ltd is a UK-based financial services company. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife currently offers over 50s life insurance and equity release in the United Kingdom. In 1900, they became the first company to offer life insurance without a medical. SunLife has been part of the Phoenix Group since 2016. SunLife is regulated by the Financial Conduct Authority and their qualifying products are covered by the Financial Services Compensation Scheme. The company is a member of the Data & Marketing Association. Their partners are also members of the Equity Release Council (Key Group) and the Funeral Planning Authority (Dignity Funerals). History 1800 to 1900 SunLife can trace its history back to the establishment of the Sun Life Assurance Society on 28 March 1810, when the Sun Fire Office Board launched a separate company to offer life assurance. The society's first office opened opposite the Bank of ...
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