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Each week, your participation in the This week with Canada Life call gives us the opportunity to provide you an update on continuing to do business in the current environment, global market commentary and to answer your questions.

This week our host Mike Cunneen, Senior Vice-President, Independent Distribution and Wholesaling facilitated a captivating dialogue with the Honourable Rod Phillips, MPP of Ajax and Minister of Finance, Ontario and Stan Cho, MPP of Willowdale and Parliamentary Assistant to the Minister of Finance, Ontario. The office of Ontario’s Minister of Finance provided an economic status update for Ontarians and acknowledged that behind every business door is hard-working entrepreneur or family. Drawing a connection that economic stability is dependent on ensuring the healthcare system remains strong, the duo shared that each day their office is working on rebuilding a plan that fits the new reality of Canadians.

Ron Hanson, President and Chief Investment Officer, GLC Asset Management Group and Brent Joyce, Chief Investment Strategist, GLC Asset Management Group provided valuable insight on current economic conditions. Ron and Brent highlighted the importance of viewing the current situation as a market ‘cession’, rather than a recession or depression as unlike in the past, a large portion of our economy continues to function because of technological advancements and digital capabilities.

If you couldn’t make it or want to hear it again, here’s a recording:

https://onlinexperiences.com/Launch/Event/ShowKey=91864

Registration for the call on May 27 is now live!

Next week, we’ll be hosting an advisor panel where you’ll hear from your peers on how they’ve adapted to this environment, are continuing to do business with clients and their tips on finding success in this new digital reality.

New process
Your questions are important to us. Our team will continue to review all questions that are sent to the Q&A inbox but will no longer be replying to each one individually. We’ve developed a robust COVID resource page and FAQ  that we’ll continue to update weekly.

Keeping you informed
Use these resources to stay up to date on the latest things we’re doing to help you continue to support your clients – you might even want to bookmark them.  

1. The COVID-19 resource page houses all the information you need to learn to process business, educate your clients and conduct business in the days and weeks to come. Take a look and refer back to it regularly.
2. You can also visit the market volatility toolkit for materials to help support your clients during turbulent market conditions.
3. GLC Asset Management Group Ltd.’s News and Insights page includes ongoing market commentary.
4. Visit Your complete guide to doing Canada Life insurance business to learn more about placing new business without personal contact, temporarily relaxed underwriting, claims processes and options to help clients impacted by COVID-19.

We’re committed to continuing to support you and your clients as we begin to focus on the next phase of the crisis in hopes of returning to status quo soon.   

If you have any further questions about what we discussed on the call, reach out to your Product Solutions Centre partners.