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In 1984, The Sovereign changed its strategic direction and began to emphasize commercial lines of insurance, distributing its products solely through independent brokers across Canada. The 1980s would bring more changes to The Sovereign, when it was acquired by The Co-operators in April 1987, becoming a member of the co-operatively-owned group ...
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Merged with Canada Life and London Life using the Canada Life name, under the ownership of Great-West Lifeco. Grey & Bruce Mutual Insurance Company 1878 2014 Merged into Howick Mutual. Halton Mutual Fire Insurance Company 1890 1968 Merged with the Puslinch Mutual and Eramosa Mutual to form Halwall Mutual. Halwell Mutual Insurance Company 1968 2024
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Canada is a constitutional monarchy, wherein the role of the reigning sovereign is both legal and practical, but not political. [55] The monarch is vested with all powers of state [ 56 ] and sits at the centre of a construct in which the power of the whole is shared by multiple institutions of government acting under the sovereign's authority.
The United Kingdom transferred most of its remaining land in North America to Canada, with the North-Western Territory and Rupert's Land becoming the North-West Territories. [e] The British government made the transfer after Canada and the Hudson's Bay Company agreed to the terms, including a payment of £300,000 from Canada to the Company. [18]