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Canada Life Temporarily Suspends Redemptions From Two of Its Funds

Insurance and Wealth Management Giant Says Virus Has Impacted Global Property Market, Impacting Valuations
Watermark Tower in Calgary is one of the properties held by Canada Life Assurance funds. (CoStar)
Watermark Tower in Calgary is one of the properties held by Canada Life Assurance funds. (CoStar)
CoStar News
March 23, 2020 | 2:47 P.M.

One of Canada's largest insurance, wealth management and benefits providers has temporarily suspended contributions, transfers and redemptions for its multibillion-dollar Canadian real estate investment funds because of the coronavirus.

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