Ontario Budget Supporting Health and Regional Transit
November 6, 2020
TORONTO – Manulife supports the actions of the Government of Ontario to improve health outcomes and support economic growth.
As one of the largest benefits providers in the country, Manulife provides workplace health benefits to almost two million Ontarians, under a guiding philosophy that healthy employees create healthy organizations, and thereby, a healthy Canada.
“We believe the significant investments in capital funding for hospitals announced in the Ontario Budget will help ensure the people of Ontario have access to high-quality hospital care,” said Mike Doughty, President and CEO, Manulife Canada.
Strengthening rail connections along the Toronto-Waterloo innovation corridor plays a key role in Ontario’s economic recovery and boosts the Corridor’s ability to reach its potential to contribute $17 billion to the provincial and national GDP and create 170,000 new jobs by 2025.
“As a major employer in Southern Ontario, from Waterloo Region to Toronto, we are particularly pleased to see progress being made on two-way, all-day GO service between Kitchener and Toronto,” said Doughty. “Reliable, fast, regular transit between the two locations is needed to keep Ontario moving.”
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of June 30, 2020, we had $1.2 trillion (US$0.9 trillion) in assets under management and administration, and in the previous 12 months we made $30.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
