2005 Public Accountability Statement

leading by example

Stronger Communities Together ™ Investing in communities Our philosophy at work

Great-West Life | London Life | Canada Life Corporate profile

he Great-West Life Assurance Company (Great-West) is a leading Canadian insurer, with interests in the life insurance, health insurance, investment and retirement savings and reinsurance businesses, primarily in Canada and Europe.

TIn Canada, Great-West and its subsidiaries, London Life Insurance Company and The Canada Life Assurance Company, offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. The companies provide a wide range of investment and retirement savings plans, as well as life, disability and critical illness insurance for individuals and families. As a leading provider of employee benefits in Canada, Great-West offers effective benefit solutions for large and small employee groups. Products are distributed through the Freedom 55 Financial™ channel (a division of London Life), Great-West financial security advisors and through Canada Life distribution partners, including managing general agents, independent brokers and intercorporate agreements with other financial institutions. Together, Great-West and its subsidiaries serve the financial security needs of 12 million people across Canada and have more than $134 billion in assets under administration. Great-West is a wholly-owned subsidiary of Great-West Lifeco Inc., a member of the Power Financial Corporation group of companies.

This report is the consolidated public accountability statement for Great-West, London Life, Canada Life Financial Corporation and Canada Life operations in Canada.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Leading by example The Key to Giving

eing recognized as a leader in the financial services Our national program for corporate industry brings with it an expectation of leadership as an citizenship is the Key to Giving™, organization and as a member of the community. representing the involvement of Great-West, London Life and Canada Life. As such, we take on many roles: employer, community partner, Our support helps address the community Bcitizen and volunteer. Our operations span across the country, in our needs important to Canadians, through headquarters, major regional locations and sales and support collaboration at the local, regional and offices. Our staff number more than 9,000 in Canada. Our products national levels. Our involvement is and services are distributed through our network of financial strategically focused on health, education, security advisors, as well as intercorporate representatives, civic activities and projects, arts and culture, independant brokers and benefit consultants. and social services, particularly through Maintaining our industry position depends on the continued United Way/Centraide. improvement of our products and services, and a commitment to We interact with community organizations professional development. We play an important role within our in many ways. Organizations contact us with industry through our involvement with related professional their proposals, and staff and financial organizations that promote and maintain standards consumers can security advisors come forward with their rely upon, and address important issues facing the financial services volunteer experiences or information about sector. Doing so contributes to a stronger future for our industry, causes in their communities. We also and for our clients who turn to us for their financial security needs. participate in bringing together or Through our financial and voluntary support, we help community matching organizations with other organizations to build and maintain healthy and sustainable futures. organizations to leverage their collective impact. Our philosophy of Stronger Communities Together is demonstrated in the variety and breadth of community initiatives we support. We As relevant a framework as it was when continue to evolve along with the needs of communities, reflected introduced in 1992, the Key to Giving by the range of organizations with which we are involved. We demonstrates our ongoing commitment to continue to seek new ways to collaborate with organizations and to the communities where we live and work, facilitate partnerships that encourage innovative solutions and through corporate financial contributions sustainability. Where appropriate, we are willing to take calculated and volunteer involvement. Like the risks, helping organizations to reach their potential. organizations we support, we continue to evolve to anticipate and meet emerging This report features some of the initiatives that best highlight our needs. philosophy at work. Other examples, as well as copies of past reports, are available at www.greatwestlife.com. For more information on our corporate giving policy, visit us online at A member of Imagine Canada, we www.greatwestlife.com. donate a minimum of one per cent of average pre-tax profits to charitable and non-profit organizations each year.

In 2005, we contributed over $9.4 million directly to non-profit, charitable and community based organizations across the country.

Focus of Support in 2005 Distribution of Support in 2005

Arts and International Culture National 1.8% 12.0% Western Health and 20.0% Wellness 12.7% 30.9% Quebec 9.7% Civic Activities 21.2% Manitoba 19.2%

Social Ontario Education Services Atlantic 33.5% 18.5% 17.4% 3.1%

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 1 Community Partners 2005 Highlights

• Freedom 55 Financial in Vancouver has partnered with the Big Brothers of Greater Vancouver Foundation to sponsor their Teen Mentoring program, where high school students pair with elementary students to help improve their social and emotional well-being. • GWL Realty Advisors in Toronto was involved with Habitat for Humanity for the second consecutive year, raising funds and providing volunteer resources to build a townhouse for a family in need. GWL Realty Advisors has supported Habitat in other locations including Vancouver and Calgary. • The Canada Life Regional Marketing Centre in In Montreal, we are a lead sponsor of Défi Corporatif Canderel, a Vancouver has partnered with the BC Cancer Foundation to host the first annual Canada Life downtown marathon event in support of cancer research at McGill Charity Softball Invitational, raising funds for Cancer Centre and L'Institut du Cancer de Montreal. cancer research and care. • Several members of Freedom 55 Financial in Edmonton continue to support the Parkinson’s Engaging communities and our staff Society of Alberta SuperWalk. Staff are involved in fundraising and organize a volunteer tent, where they serve breakfast before the walk, upporting the volunteer involvement of our staff and and cheesecake afterwards. A corporate team financial security advisors is an effective way to balance our also participates in the walk each year. This is corporate financial support with local needs across Canada. one of four charities supported by this financial It also recognizes the important roles our staff and financial centre through a combination of corporate sponsorship, team and volunteer participation security advisors play as ambassadors in the community. S and fundraising. Through our Community Partners™ and Community Builders™ • Freedom 55 Financial in Ottawa organizes an annual charity golf tournament in support of programs, we provide corporate financial contributions directly to Ronald McDonald House. Proceeds from the qualifying organizations with which our staff and financial security 2005 event went towards expanding the advisors are actively involved. Requests are considered for their facility. compatibility to Key to Giving criteria and the level of volunteer • In St. John’s, Newfoundland, the Second Annual participation and community leadership of the staff and financial Great-West Life Family Fun Day was held in security advisors involved. support of Rainbow Riders, a therapeutic riding program for children and young adults. Money Community Partners from the event, organized by Great-West staff and financial security advisors, purchased a lift The Community Partners program supports our field offices across platform to assist riders from their wheelchairs Canada that are working with non-profit organizations in their to the saddle. communities. We encourage staff and financial security advisors to • In Regina, the Great-West Life Charity Golf assess the needs in their communities and determine where their Classic in support of the Hospitals of Regina participation will be most beneficial. Our community planning guide Foundation continues to involve many staff and helps offices through the process and encourages them to make financial security advisors in South Saskatchewan. community engagement part of their ongoing operations. This successful event has raised over $600,000 since its inception in 1994. The leadership of Community Partners projects continue to grow and succeed in The Resource Centre, Southern Saskatchewan recognition of our offices’ local involvement, accounting for 18.5 was further leveraged by our $100,000 per cent of corporate funding in 2005. This translates to over $1.7 corporate contribution to the Centre for million in corporate financial contributions to organizations across Mother and Baby Care Capital Campaign. the country as a result of offices involved in Community Partners projects.

2 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Community Builders Community Builders recognizes staff in our head offices who volunteer their time, expertise and leadership in their communities. Staff in Winnipeg, London, Toronto, Regina and Montreal are eligible to apply. Through Community Builders, we also recognize the collective generosity and efforts of staff who organize and participate as corporate teams in local fundraising events. In response to the high level of community participation and interests of our staff, we enhanced Community Builders in 2005 by increasing the value of pledges we would match for corporate teams, as well as improving our volunteer recognition grant program in support of individuals who volunteer in leadership roles.

Community Builders • Close to 50 participants from Great-West in Winnipeg joined the MS 150 Bike Tour for the 2005 Highlights Multiple Sclerosis Society. A corporate team from Great-West Life has participated every year since • In Toronto, staff have continued to participate in 1990. Many current team members have been the Canada Life CN Tower Climb, in support of the involved for more than five years. In 2005, the World Wildlife Fund. Staff have been climbing team raised $28,776 in pledges, supplemented by since the launch of this event 15 years ago. This a $12,000 corporate contribution. The 24-member year, 32 staff from London joined 32 staff in team, our largest ever, achieved the top Toronto to climb the CN Tower together. The fundraising team honour across the province. A teams raised $15,798 in pledges, recognized by an new addition to the team won the top rookie exceptional corporate contribution of $14,600. The fundraising award. total represented approximately 20 per cent of pledges raised by all corporate teams in the event. • Great-West in Winnipeg is the lead sponsor of The Stationary Bike Race, a major fundraiser for • A team representing London Life participated in the Cerebral Palsy Association. Several staff the CIBC 2005 Run for the Cure in London, in members have also participated in the event support of breast cancer research and awareness during our 10-year involvement. The Great-West programs. The team won the Corporate Team team achieved top fundraising honours in 2005, Challenge Award with total pledges of $7,570, with total individual pledges of $10,656, which supplemented by a corporate contribution of were supplemented by a corporate contribution $6,000. of $6,000. • A team from Canada Life in Regina participated in • In Montreal, we are a lead sponsor of Défi the 2005 Relay for Life in support of the Canadian Corporatif Canderel, a downtown marathon event Cancer Society, raising $1,344 in pledges in in support of cancer research at McGill Cancer addition to a corporate match. Staff in our Regina Centre and L'Institut du Cancer de Montreal. In office continue to be enthusiastic supporters of addition to our corporate sponsorship, we provide this annual event. a corporate contribution to recognize our corporate team, representing staff and financial security advisors from Great-West, London Life, Freedom 55 Financial and Canada Life.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 3 Fostering medical progress

Bears on Broadway Students from Murdoch MacKay high school and Great-West graphic designer Tracy Guest designed and painted the Great-West Life Key-to-Giving bear. The event raised awareness and funds for CancerCare Manitoba. Many of our staff and financial security advisors across Canada are involved in fundraising events in support of cancer. In 2005, they participated in 50 events, raising funds and collecting individual pledges totaling over $93,000. In recognition of their achievement, we provided $228,066 in corporate contributions and sponsorships.

e fund applied research and In 2005, our corporate contribution of over $100,000 knowledge transfer of the major health to the National Quality Institute enhanced its concerns facing Canadians, supporting continuing effort to promote strategic approaches earlier detection, improved diagnostic to wellness in the workplace through increased techniques, public education and patient care. knowledge, collaboration and recognition that a W healthy workforce makes for a healthy business, Our financial support has an impact across the healthy economy and healthy society. Chronic health country, involving major health organizations, issues including depression cost more than $33 research centres, teaching hospitals and academic billion per year in lost productivity. institutions. At the local level, we support the volunteer and event participation of our staff and In celebration of the National Quality Institute Year financial security advisors on behalf of health issues for Mental Health and Excellence at Work in within their communities. Canada, we supported the organization’s new Canadian Framework for Healthy Workplace. This We are proud of our role in facilitating includes funding to revise and develop Healthy collaborations and building the capacity of health Workplace Criteria, and the Progressive Excellence organizations, not bound by geography. Program, a step-by-step roadmap for organizations. Increasingly, we are supporting centres of excellence in their leadership on key health issues for We continue to sponsor the National Quality Canadians. Many of our initiatives build on past Institute’s Canada Awards for Excellence in the relationships with individual organizations, Healthy Workplace category. Recognizing the demonstrating the evolution of our role in importance of public awareness, we also sponsor its addressing major health concerns, and in line with Healthy Workplace Week. our goal to encourage long-term relationships and The National Quality Institute initiatives incorporate sustainability of the health sector. mental health issues and have been endorsed by the Improving workplace health Global Business and Economic Roundtable on Addiction and Mental Health, an organization we We’re taking a lead role in collaborating with continue to support financially and through the healthcare and rehabilitation professionals, the donation of office space. We are working with public sector and others in the private sector to look leading organizations like the Roundtable to at the impact of chronic health issues on the progress knowledge of mental health issues, and to workplace. Our financial support and professional bring together the health, business and education involvement is encouraging dialogue, enabling leaders who play a pivotal part. organizations to apply research and develop strategies to promote better health.

4 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement The Roundtable is involved in analysis and policy Looking ahead development acknowledging the impact of mental health issues on business and the economy. In 2005, We’re proud to be associated with the recently our funding assisted the Roundtable in developing introduced Canadian Institutes of Health Research reference materials, creating an online discussion (CIHR) Agenda for Mental Health in the Workplace. forum for employers, producing a report on the link In collaboration with business, labour, the health between mental health and other health issues, and sector and universities, CIHR is developing a working with the Canadian Institutes of Health comprehensive, long-term research agenda that will Research (see Looking ahead section). advance and build research capacity and accelerate the transfer of knowledge into solution-based, In 2005, we announced our lead $500,000 pledge to practical action. Great-West is an active member of the new Institute for Mental Health Research, a the CIHR implementation committee of partners to shared initiative of the Royal Ottawa Hospital and identify major issues in workplace mental health the University of Ottawa. We are proud to be across Canada. associated with the hospital and its reputation as a nationally and internationally recognized leader and collaborator in research, treatment and care of those suffering from mental illness. We are also focusing our funding for mental health Rehabilitation and recovery on children and youth. Our $100,000 pledge to the Our disability program staff work with rehabilitation BC Children’s Hospital will support the construction specialists through their daily operations. We also support of a new mental health centre. The centre will ongoing education and development in this field. provide services to youth and increased outpatient services. It will also serve as a hub for a province- • Our scholarship funding to the University of British wide network of mental health services for children, Columbia encourages and awards students in the vocational rehabilitation program who demonstrate best and house world-class training and research. practices by combining scholastic ability with superior In British Columbia, we again sponsored the Bottom clinical skills. This follows our previous involvement to Line Conference, organized by the Canadian Mental assist the university in developing a resource library and Health Association B.C. Division. This annual Canada’s first pilot program in vocational rehabilitation conference is focused on ways to reduce the impact counselling at the Masters level. of mental health issues including stress, depression • Our sponsorship of the Canadian Association of and anxiety on the workplace. Rehabilitation Professionals (CARP) supported their national conference in 2005. The annual conference Preventing absenteeism related to mental health provides a forum for rehabilitation professionals and problems at work is the focus for an initiative in others in the industry to share knowledge, promote Montreal, led by the Réseau Santé Mental et Travail. continuity in standards and procedures and encourage Our contribution in 2005 assisted the organization and discuss research. to create a website that will gather strategic • In 2005, we completed our $100,000 contribution to information and monitor news related to research Bridgepoint Health’s Active Living Centre Campaign. and studies in Quebec and elsewhere in the world. Bridgepoint Health is a fully integrated healthcare The health of our major cities is key to our growth organization in Toronto, including a hospital, rehabilitation centre, long-term care facility and research and prosperity as a nation. An initiative by the City institute. Our contribution is assisting the organization to of Ottawa is poised to move the nation’s capital to develop best practices research and assessment tools, as the forefront of healthy and productive cities well as ongoing treatment in the field of rehabilitation. worldwide and to develop a collaborative model for others to follow. Our contribution to the City of • Our $30,000 contribution to a research initiative at the Rehabilitation Centre for Children in Manitoba is helping Ottawa Mayor’s Initiative is assisting with the centre to apply new models to develop operational needs for the multi-stakeholder project communication with autistic and non-speaking children. and complements the involvement of our local The pilot project is using progressive new methods to Group offices in the working group. engage and motivate children for whom traditional augmentative communication strategies have not worked.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 5 Collaborations advance knowledge of major health concerns Heart disease Arthritis In 2005, we announced our $500,000 pledge to a Understanding the impact of arthritis in Canada is national research partnership between Robarts the focus of a collaboration between The Arthritis Research Institute and the Heart and Stroke Society of Canada and the Arthritis and Foundation of Canada. This collaborative initiative is Autoimmunity Research Centre, affiliated with the designed to advance the diagnosis, treatment and University Health Network. Our $300,000 pledge is prevention of cardiovascular disease, the leading assisting the organizations to complete a national cause of death in North America. Our pledge will survey on the prevalence and care of arthritis in support four research projects at the Robarts Canada, examining its impact on employment, Research Institute in London, Ontario, and will allow everyday life and healthcare services. This research is the institute to fund promising scientists as well as the first step of a longer term strategy to develop a build infrastructure. The projects are aimed at national arthritis agenda that will have an impact on finding better predictors of heart attack and stroke, the millions of Canadians affected. and developing new technologies that will increase the success rate of surgeries, reduce hospital stays Looking ahead and improve patients’ recovery time. This initiative builds on our ongoing, distinct relationships with Students at the University of Prince Edward Island both organizations and also supports the may enjoy better health in later life thanks to a sustainability of research in Canada by attracting, unique pilot project funded in part by our $100,000 training and retaining professionals at critical stages contribution. The four-year Passport to Wellness in their scientific careers. pilot is intended to be life changing, creating healthy, sustained lifestyles among students. The Diabetes program will be promoted as a model to other universities, organizations and communities across Our relationship with the Canadian Diabetes Canada. Association continues to evolve, in recognition of the important role the association plays in the lives of the over two million Canadians who have “In November, I participated in bone density diabetes. We continue to support the Young testing held on campus through the Wellness Scientist Award and Diabetes Educator Scholarship, Program. As a result of this testing, I am now on and have recently announced our five-year pledge the proper dosage of calcium and vitamin D each of $375,000 to the Promising Partnership program. day and I have been educated that weight In addition to funding scholarships to encourage bearing exercise is essential for bone stimulation. diabetes research and development of medical This discovery will save me from chronic pain in expertise, the program includes a groundbreaking future years, avoid the burden to family collaboration between the Canadian Diabetes members and it will also avoid the burden to the Association and the University of British Columbia. healthcare system.” Through this partnership, the Centre for Research into Childhood Diabetes will become a future centre of excellence in response to the increasing rate of Tracey Comeau diabetes in children across the country. Charlottetown, P.E.I. Bridging the gap between research and front line healthcare is the goal behind an innovative project at the University of Western Ontario. Our $250,000 pledge will support a three-year initiative to advance the Canadian Diabetes Association’s Clinical Practice Guidelines to everyday practices, improving the care and treatment of diabetics across the country.

6 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Improving patient care where we live and work

Our $500,000 pledge to the Royal Ottawa Hospital’s new Institute for Mental Health Research provides hope for those who are affected by mental illness.

We provide significant support to a number of The following are recent examples of our capital healthcare facilities where we have business and infrastructure campaign support in various operations, reflecting the needs of our clients and communities across Canada through our the community. Many of these are hospitals or local Community Partners program. organizations with which our staff and financial Western Canada security advisors are involved as volunteers. Dr. R.E.M. Lee Hospital Foundation, Our $250,000 pledge to a local organization in Capital Campaign – CT Scanner Montreal is helping them to establish the province’s Terrace, British Columbia first respite and palliative care facility for children Ontario with life-threatening illnesses. Le Phare (The Hamilton Health Sciences Foundation, Lighthouse) will offer support and care to children Cornerstone of Care Capital Campaign and their families as well as recreational programs Hamilton to make their stay at the home as enjoyable as possible. The home will serve patients and their Saint-Vincent Hospital, families receiving treatment from Sainte-Justine Adding Life to Years Campaign Hospital and Montreal Children’s Hospital. Ottawa In London, Ontario, we continue to support the Sudbury Regional Hospital Foundation, Thames Valley Children’s Centre, which helps Picture Archiving and Communication children with physical, mental and developmental System Project challenges to reach their potential and enhance Sudbury their participation in the community. In addition to our staff’s ongoing involvement in fundraising Atlantic Canada events, we pledged $75,000 for building renovations Friends of the Moncton Hospital, and the addition of new equipment to meet 2005 Healthy Returns Campaign increasing demands and provide additional Moncton, New Brunswick programming. Accessibility will increase for families in outlying areas, who soon will be able to connect electronically to the centre through offices in their own communities. In Saskatoon, we’re funding a $100,000 endowed scholarship to support the education and training of medical personnel who work with patients at Royal University Hospital, as part of the Royal Care campaign. The campaign is seeking to address increasing demand for services and the challenges of attracting and keeping medical professionals in the province.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 7 s a leader in the financial services industry, we support continuing education in business-related fields of expertise, as well as general employability and leadership skills. Providing the opportunity to learn Aand grow is the foundation of our contributions to post-secondary institutions and leadership Developing development organizations across Canada. We provide a balance of corporate financial support to organizations that work to assist at-risk groups skills for life including economically disadvantaged families, those with physical or mental disabilities, and people with language barriers to develop independence and life skills. We also support programs designed to provide greater opportunities for employment equity designated groups. Developing future leaders Supporting community colleges Education is a key building block for success of Post-secondary education and its institutions have future business and community leaders. In evolved to meet economic and societal needs, and so recognition of its importance, we support too, has our response to their program growth and scholarship and bursary funding in fields related to their students. our business interests, as well as collaborative In Western Canada, we support The Mount Royal projects and innovative research initiatives that have College Foundation’s Supporting Student an impact beyond a specific institution’s size and Success/Investing in Student Awards and the geographic location. Northern Alberta Institute of Technology Campaigns. An example of our commitment to the future of In Winnipeg, our leading pledge secured bursaries education is our support of the University of and the Great-West Life Lecture Theatre at Red River Waterloo. Our $750,000 pledge to the Building a College’s expanded downtown campus. We Talent Trust campaign will fund research in financial continued our support for Kitchener’s Conestoga risk management and related fellowships at the College Institute of Technology and Advanced university’s Institute for Quantitative Finance and Learning through their Financial Planning Program. Insurance, helping the institution increase its The expansion of Fanshawe College in London, research activity and prominence in the fields of Ontario will feature the London Life Library and financial economics, quantitative finance, risk Media Circulation Centre. management and actuarial science. This complements our long-standing support of a national scholarship in actuarial science, the Bursaries and scholarships foundation of the insurance industry. ACCESS Riverside - Career Training Centre (Brossard, QC) We also have a long history of involvement with the Great-West Life Award for Excellence University of Manitoba, the province’s largest university and the alma mater of many of our staff Algoma University (Sault Ste. Marie, ON) Great-West Life Student Assistance Fund, and and financial security advisors. One of our largest Great-West Life Assistance Fund for Indigenous Students single contributions, our $1.5 million pledge is directed to enhance the university’s capacity in Brock University (St. Catharines, ON) The Great-West Life Scholarship in Business Administration emerging areas of research as part of its Building on Strengths campaign. We also continue to enjoy a Business Council of Manitoba (Winnipeg, MB) strong relationship with the I.H. Asper School of Aboriginal Education Awards Business where we support several initiatives of the Canadian Council for Aboriginal Business/Foundation for the students’ association and which features the Canada Advancement of Aboriginal Youth Life MBA Study Room. Great-West Life Funding Futures Scholarships

8 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Canadian Medical Hall of Fame (London, Mount Royal College (Calgary, AB) University of Manitoba (Winnipeg, MB) ON) The Great-West Life and London Life G. Clarence Elliot Fellowship and Trust Great-West Life and London Life Scholarship Fund Fund Scholarship Fund National Aboriginal Achievement University of Manitoba (Winnipeg, MB) Carleton University (Ottawa, ON) Foundation (Toronto, ON) Lloyd A.H. Warren Chair in Actuarial The Great-West Life Assurance Company The Great-West Life Business Education Science Award in Business Scholarship University of Manitoba (Winnipeg, MB) Collège universitaire de Saint-Boniface Northern Alberta Institute of Technology Aboriginal Business Education Program (Winnipeg, MB) (Edmonton, AB) Scholarships Great-West Life Endowment Fund for Freedom 55 Financial Awards of Bursaries and Scholarships Excellence University of Northern British Columbia (Prince George, BC) Concordia University (Montreal, QC) Okanagan College Foundation (Kelowna, Great-West Life Graduate Scholarship in Great-West Life Business Education BC) Disability Management Awards The Canada Life Award - Bachelor of Business Administration Endowed University of Regina (Regina, SK) Conestoga College (Kitchener, ON) Scholarship Canada Life Actuarial Science Scholarship Freedom 55 Financial Awards for students pursuing careers in financial Queen’s University (Kingston, ON) University of Regina (Regina, SK) planning Great-West Life Scholarship in Finance Great-West Life Scholarship, Faculty of and Administration Conestoga College (Kitchener, ON) Great-West Life School of Medicine University of Saskatchewan (Saskatoon, Freedom 55 Financial Scholarship in Studentship Financial Planning SK) Redeemer University College (Ancaster, Business Education Bursaries Fanshawe College (London, ON) ON) University of Toronto (Toronto, ON) London Life Bursary Great-West Life, London Life and Canada Peter Bronfman Woodsworth Scholarship Life Business Scholarship Fanshawe College (London, ON) University of Waterloo (Waterloo, ON) London Life Scholarship in Business Red River College (Winnipeg, MB) Great-West Life, London Life and Canada Studies Great-West Life Scholarship/Bursary Life National Scholarships of Fanshawe College (London, ON) Richard Ivey School of Business Excellence in Actuarial Science London Life Student Awards in (University of Western Ontario, The University of Western Ontario Communications London, ON) (London, ON) London Life/Paul Desmarais Finance Fondation Armand-Frappier (Laval, QC) London Life Actuarial Scholarship Fellowship Great-West Life, London Life and Canada The University of Western Ontario Life Doctoral Scholarship Richard Ivey School of Business (London, ON) (University of Western Ontario, Fondation de l’Université du Québec à London Life Actuarial Prizes London, ON) Trois-Rivières (Trois-Rivières, QC) Great-West Life Continuing MBA Freedom 55 Financial Business Program The University of Western Ontario Scholarship Scholarship (London, ON) Great-West Life, London Life and Canada Shad International Life Business Scholarship Fondation universitaire de l’Université du Shad Valley Program Québec (Québec, QC) The University of Western Ontario Great-West Life Merit Scholarship in Sheridan College Institute of Technology (London, ON) Management Science and related and Advanced Learning (Oakville, ON) Faculty of Law – The London Life fields Great-West Life and London Life Insurance Company Award Endowed Bursary Fund Huron University College Foundation University of Winnipeg (Winnipeg, MB) (London, ON) Simon Fraser University (Burnaby, BC) Great-West Life Aboriginal Student London Life Fourth Year Scholarship The Great-West Life Scholarship in Access Awards Business Administration Institute of Chartered Accounts of University of Winnipeg (Winnipeg, MB) Manitoba (Winnipeg, MB) Trinity Western University (Langley, BC) Tony Tascona Bursary Fund in Art History Great-West Life Leadership Award Great-West Life Scholarship – School of Business Western Area Youth Services (London, Lakehead University (Thunder Bay, ON) ON) Freedom 55 Financial Scholarships Université de Moncton (Moncton, NB) Youth Scholarship Program Great-West Life Scholarship in Business Laurentian University - Northern Ontario Administration York University (Toronto, ON) School of Medicine (Sudbury & Thunder Great-West Life, London Life and Canada Bay, ON) Université de Moncton (Moncton, NB) Life Scholarship in Financial Services Great-West Life, London Life and Canada London Life Scholarships Life Award Université du Québec à Hull (Hull, QC) McGill University (Montreal, QC) The Great-West Life and London Life Great-West Life and London Life Scholarship Fund Scholarship in Arts University of Alberta (Edmonton, AB) McGill University (Montreal, QC) The Great-West Life Bachelor of Great-West Life and London Life Commerce Scholarship Scholarship in Management University of Alberta (Edmonton, AB) McMaster University (Hamilton, ON) The Great-West Life Bilingual Bachelor of Great-West Life Ontario Graduate Commerce Scholarship Scholarship University of Calgary (Calgary, AB) Memorial University of Newfoundland Great-West Life Business Education (St. John’s, NL) Scholarship – Risk Management and Great-West Life Scholarship in Business Insurance Program Administration

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 9 academic programs at the university. Our $150,000 Connected to communities contribution to the campaign recognizes the Centre for Kinesiology, Health and Sport as a catalyst for ur support of continuing education education and research, a promoter of active also recognizes the role local lifestyles and a community health resource. The institutions play in their facility was the location of many sporting events for communities. Whether providing the Games and includes educational facilities, a employment or economic growth, or fitness centre, research laboratories and a Odeveloping local talent and entrepreneurial spirit, community health centre that offers a variety of educational facilities are a hub of the communities medical and allied health services. where they are located. Connecting communities and promoting education Building on our strong past support of the Richard via technology is the driving force behind the Youth Ivey School of Business, the newly established in Motion Career Discovery initiative. The national Business Families Centre recognizes the importance foundation provides scholarships and facilitates of family-run enterprises in the private sector. Our career development among youth. Our contribution founding pledge of $50,000 will enable the centre is assisting the organization to enhance its website, to enhance family business management through careerdiscovery.ca, as a free resource to schools, outreach programs, applied and academic research, industry associations and the public. The site offers and the development of future family business careers and reference information, profiles of career leaders. We will participate on the advisory board, role models and the opportunity for volunteer recognizing the link between family businesses and mentors to provide career advice and to answer their need for professional services. questions from students. In addition to our Our support of a new medical school will encourage corporate financial contribution, we are represented the institution’s growth and the presence of by volunteer involvement of staff and financial physicians and medical personnel in northern security advisors from Freedom 55 Financial Ontario communities, an area where access to in Toronto. medical care is an ongoing concern. Our At the other end of the career development contribution is establishing an endowed bursary in spectrum, our support to a Quebec-based honour of the first students who will enrol in the organization promotes entrepreneurial culture in school. The Northern Ontario School of Medicine is youth and young adults. The Money School Project, a collaborative venture between the Lakehead and developed in collaboration with the business Laurentian Universities. The school will contribute to community, provides innovative workshops, lectures, improving the health of people in northern Ontario, youth investors’ clubs, specialized camps and and recognizes the challenges and needs unique to volunteer mentoring to people between the ages of remote and rural communities. It will have campuses 16 and 35. Our pledge to Carrefour jeunesse emploi in Thunder Bay and Sudbury as well as satellite sites de l’Outaouais complements the volunteer throughout the region. involvement of a Freedom 55 Financial security Critical to the study of medicine and other areas of advisor who has served as a business advisor on the health is the encouragement of youth to develop board of the organization. and pursue skills in the sciences. We continue to support the Let’s Talk Science organization, a national charitable organization striving to improve science literacy. Our lead sponsorship of the Science Youth and transitional employment with Impact initiative will focus on improving the The following are examples of our contributions to other communication and training skills of scientists organizations focused on supporting youth to make the involved in community outreach. This program has transition to employment. been endorsed by the Canadian Institutes of Health Research. In 2005, we also contributed infrastructure Adult Learning Centre funding to develop and standardize materials for Regina, Saskatchewan community workshops for children and youth Opportunities for Employment, related to the fields of science, engineering and Transtheoretical Stages of Change Model and Motivational technology. Interviewing Winnipeg, Manitoba Our involvement with the Building Dreams and Industry Education Council of Hamilton Futures Campaign is an example of a collaboration Hamilton, Ontario that is leaving a legacy for the community. Together, the University of Regina and the 2005 Canada Fondation Ressources-Jeunesse, 2005 Job Integration Program Summer Games raised money for infrastructure Montreal, Quebec needed for the Games as well as the future of

10 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Encouraging full representation Algoma University College in Sault Ste. Marie fosters aboriginal achievement in education through a variety of programs and services, offered in a small class setting. Our $100,000 pledge to Algoma University College Foundation is leaving a lasting legacy in the form of a lecture theater in its new Information Communications Technology Building as well as bursary funds. The Great-West Life Student Assistance Fund and The Great-West Life Assistance Fund for Indigenous Students provide financial support for students to complete their studies. The funds are matched by the provincial grant Nurturing lifelong learning program in Ontario. We continue to support the Canadian Council We continue to support Frontier College as a premier example of for Aboriginal Business, dedicated to building stronger communities through building capacity. promoting the full participation of aboriginal Working in Canada since 1899, the organization continues to be people in the Canadian economy. Our at the forefront of literacy promotion in the country by teaching contribution funds six Foundation for the reading and writing skills and aiming to achieve literacy for all. Advancement of Aboriginal Youth (FAAY) We have contributed $500,000 to Frontier College since 1999. Great-West Life Funding Futures Scholarships for aboriginal university and college students Frontier College is continuing to facilitate the exchange of in business, arts and science programs. information within a network of organizations and agencies that support literacy. Building on this and their successful Connecting Communities conferences initiated in 2004, our support is enabling Frontier College to continue its outreach and workshops in other communities. Frontier College brings together volunteers and professionals in literacy agencies for training, professional development and networking. Each year, the college has expanded its program, allowing for greater impact and tailoring of the workshops to the needs of the specific community.

The ABC Canada Literacy Foundation provides promotion and public awareness support to raise the visibility of literacy issues across the country. We continue to support the Peter Gzowski Invitational Golf Tournament, which raises money for the organization’s PGI Local Legacy matching program to encourage local fundraising initiatives. We also provide a financial contribution to support the operation of the PGI national office. In 2005 we received the first Fitzpatrick Award to In 2005, over $750,340 was raised through the PGI tournaments be granted to a corporation from Frontier College in recognition of our commitment to across Canada. investing in community capacity building and long term leadership to advance literacy. In addition to these prominent national organizations, we support local literacy organizations in communities where we have business operations. For example, in Montreal, our sponsorship of Literacy Unlimited’s annual golf tournament supports community based literacy programs and services. The organization enjoys strong volunteer participation by many of our staff and Freedom 55 Financial security advisors.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 11 Building a stronger society

Habitat for Humanity We have been actively involved with Habitat for Humanity since 2002 when staff and financial security advisors in London organized and sponsored the building of a new home for a local family. Since that time, we have participated in eight building projects. The sponsorship of the home provides an opportunity to make a corporate financial contribution to a valuable community project and to offer meaningful volunteer opportunities for staff and financial security advisors.

e recognize the importance the future business leaders. The London Life Community volunteer sector plays in the lives of Internship, in partnership with the Richard Ivey Canadians and the quality of life in our School of Business, offers a university student country. Our support of hundreds of summer employment in a London-area community Wvolunteer based organizations builds capacity in organization. In return, the community organization communities and encourages stronger futures. The benefits from an enthusiastic and knowledgeable range of organizations we support parallels the intern. variety of community needs and mirrors the multi- Also focused on developing emerging community faceted culture of Canada. leaders, the Leadership Winnipeg and Leadership Our civic involvement is focused on developing a full Fredericton programs provide a unique education range of leadership and management skills, experience to emerging leaders from the private, attracting volunteers and encouraging philanthropy. public and voluntary sectors. The programs are part Volunteers are the engine propelling the of a national effort, but each is tailored to the organizations we support, including community unique needs and leadership opportunities that development, recreation and outreach programs for exist locally. Participants work together to acquire youth, seniors and marginalized groups. skills and knowledge in personal leadership and issues facing their communities. Leaders of today, and tomorrow An exciting pilot program that aims to expand the Supporting youth leadership talent pool and to enhance governance skills of the charitable sector is teaching a group of Toronto area In 2005, we continued to support the following executive directors how to work more effectively youth leadership initiatives. with their volunteer boards. Our $50,000 • United Way of Winnipeg, Student Community sponsorship of Altruvest Charitable Services’ Board Service Award and Student Leadership Conference Worx Executive Director Program is encouraging the Winnipeg, Manitoba growth and expansion of the program. Board Worx is currently being offered to executive directors of • United Way of London & Middlesex, Young small and medium-sized charities in the Greater Leaders of Tomorrow Toronto Area. The program involves interactive London, Ontario classroom sessions, peer learning and mentoring, and is free to participants. • United Way of London & Middlesex, Youth in Action Providing community internships for business London, Ontario students encourages awareness of the non-profit sector, illustrates the potential for a future career • Canadian Student Leadership Conference path, and nurtures a sense of civic responsibility in (national) Wainwright, Alberta

12 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement “This is Klaudia. All she wants is a chance to succeed and grow her dreams.” London Life’s Youth in Action, a United Way program, provides opportunities for kids from low-income families to build skills that will last a lifetime. (Courtesy: Brian Hillier)

Developing a culture of philanthropy In line with our philosophy of building Stronger Communities Together™, we support the professional development and public awareness goals of two prominent professional organizations advancing philanthropy and the fundraising profession. For many philanthropically-minded individuals, making annual donations to their preferred charitable cause is their only mode of giving. But thanks to the LEAVE A LEGACY™ program, more and more people are considering the benefits of also leaving contributions through estate planning. LEAVE A LEGACY Canada, the Canadian Association of Gift Planners’ (CAGP-ACPDP™) national public awareness program, encourages Canadians to have a will and to consider making a charitable bequest to their charities of choice. Rather than promoting or soliciting gifts for any particular charity, it provides public education and resource materials to promote planned giving in general. Our national sponsorship of the LEAVE A LEGACY program in Canada, announced in 2004, is enabling CAGP to establish its website, produce communications and resource materials and continue to develop and promote its workshops. CAGP has also hired a LEAVE A LEGACY national coordinator to support planned giving professionals and RoundTables (local committees) across Canada. This complements our ongoing support of the CAGP annual national conference where we continue to sponsor a LEAVE A LEGACY workshop each year. Also supporting the development of the volunteer sector, the Association for Fundraising Professionals promotes philanthropy through advocacy, research, education and certification programs. In 2005, we provided a corporate financial contribution to the Manitoba chapter’s newly established education fund. Our contribution will support their upcoming Essentials in Fundraising program, which will be targeted to grassroots organizations whose financial resources prevent them from taking advantage of professional development and conferences mostly available in other provinces and the United States. The Manitoba chapter will be the first in Canada to offer this program.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 13 The following are highlights of our support of other local improvements in 2005. Serving Seniors Inc., Capital campaign in support of new seniors’ centre Steinbach, Manitoba City of Kenora Wellness Centre, Welcome to Wellness Capital Campaign Kenora, Ontario Friends of Fleming College Foundation, Health.Life.Community.Campaign Peterborough, Ontario Point Lance Community Hall Committee, Capital campaign in support of new Our involvement in the development of the Mississauga Garden Park community hall includes the refurbishing of an historic home into a new community arts Point Lance, Newfoundland centre. Pictured (l-r)Holly Benson, Riverwood Campaign; Todd Cloutier, Regional Director, The Resource Centre, Great-West; Bob Delaney, MPP; Sheila Czernkovich, Great-West; and Ron Lenyk, Campaign Co-Chair and Encouraging fun and fitness Publisher of The Mississauga News (Courtesy: Michael Scholtz). through sport

Across Canada, KidSport™ has impacted Improving communities the lives of many families. The charity helps offset the costs of participation in sports for children who are economically e support a range of initiatives that encourage disadvantaged. community development, recreational opportunities In 2005, we contributed $65,000 to and outreach programs for youth, seniors, KidSport Manitoba for program multicultural groups and those with special needs. infrastructure support and children’s WCentral to quality of life in any community is the feeling of safety sports registration costs. Our funding and the access to community services and public spaces. also supported the Sport Manitoba Volunteer of the Year and Youth As part of the City of Greater Sudbury Safe Communities Volunteer of the Year Awards along with Coalition, staff from The Resource Centre, Sudbury, are involved the Annual KidSport Fundraising Golf with RiskWatch, a pilot project aiming to make children, their Tournament and the new Sport Expo. families and communities safer. Our sponsorship provides safety awareness training to children in preschool to grade eight. In British Columbia, we sponsored the Delivered by volunteer teachers, the program is a partnership Kiwanis for KidSport Wine Tasting with local fire and police services as well as participating school Fundraising Event. This was a first-time boards. The training covers safety hazards of common activities collaboration between our local Freedom with topics on water, motor vehicle, bicycle and pedestrian safety, 55 Financial office, the Kiwanis Club and fire and burn prevention, as well as avoiding injuries such as KidSport BC. choking, suffocation, falls and poisoning. In Saskatchewan, we sponsored KidSport The Great-West Life Heritage Art Studio, a classroom in the Week, a weeklong fundraising and refurbished historic MacEwan House, will give Mississauga awareness initiative that included the residents a new venue for art classes offered by Visual Arts Great Saskatchewan Hot Dog Sale, Mississauga. Our $75,000 pledge to the Riverwood Campaign for Kompanies for Kids, the Fun and Fitness the Mississauga Garden Park will provide a new use for the house, Corporate Challenge, and local as part of the redevelopment of the area into a safe, accessible community activities. In May, we also community venue located in a new public garden and nature entered three teams in the Fun and preserve. Fitness Corporate Challenge, raising an additional $2,245. In Manitoba, the new Millenium Library, opened in 2005, is providing Winnipeg and area residents with a state-of-the-art Our support of the KidSport Fund in facility. Supported by our $150,000 financial contribution, the Prince Edward Island provided grants for new library features an expanded collection, improved economically disadvantaged children to technology, and new resource facilities dedicated for use by cover the costs of sport registration fees children, students and businesses. and equipment. Currently, more than 400 children a year are assisted.

14 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Engaging youth We also support a range of initiatives designed to interest youth in civic activities, including historical education and civic awareness. We continue to contribute to the Historica Foundation, a national organization that offers a range of programs to provide Canadians with a deeper understanding of our history and its importance in shaping our future. Through its innovative YouthLinks website curriculum, students examine current issues in historical and current contexts and engage in online discussion and interactive learning. We sponsored the 2005 Youth Summit, organized by Historica. The summit builds upon yearlong study by inviting selected students who participated in YouthLinks. At the summit, they explore challenging world issues using history as a guide. Our $50,000 contribution to The Government House Heritage Property Saskatchewan Centennial Project supported the restoration of the former Lieutenant Governor’s mansion. The facility features a museum and outreach programs for youth to make history educational and entertaining. The Government House was a central venue for many activities during the province’s Centennial celebrations.

Tsunami Recovery Thanks to the generosity of staff members and financial security advisors, we provided a total of $385,124 to the Canadian Red Cross in January 2005 for the Tsunami relief effort. This amount includes individual donations collected from staff and financial security advisors totalling $235,124, as well as the company’s contribution of $150,000. The company’s contribution was provided on an exception basis in response to this international relief effort, recognizing both the interest expressed by staff and financial security advisors and the magnitude of this unprecedented natural disaster. (Our national corporate giving program continues to be focused on contributing to Canadian charitable and community based organizations.)

In 2005, Great-West received the Large Business of the Year Award from The Mississauga Board of Trade (MBOT) in recognition of business achievements and involvement in the community.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 15 Challenging thinking through creativity

Making Art, Creating Community, a groundbreaking program of Museum London, encourages students to discover core elements for a healthy community, such as compassion, participation and appreciation for our many differences. "My students created this image because it signifies that the world is made of many colours and that we are all responsible for taking care of the world." Jamie Hicks, Grade 7 Teacher, Sir Isaac Brock Elementary School.

he world of the arts is one where barriers are Nurturing tomorrow’s artists through broken, ideas are challenged and audiences are inspired. Through our support of more creative expression than one hundred arts organizations across The connection between artistic stimulation and Canada, we aim to make the far-reaching long-term fundamental growth is one that we benefits of the arts accessible to everyone, regardless T actively support through our partnerships with arts of age, location or background. We focus on organizations across the country. One area of special community outreach initiatives, youth education and interest to us is youth, who represent our future audience development to shape the face of the arts thinkers, leaders and performers. By supporting in Canada and sustain it for generations to come. initiatives with a strong social impact and focusing on The Smile Theatre Company shares one of our community outreach to audiences from diverse fundamental goals, increasing accessibility to the arts. backgrounds, we’re helping to stimulate ideas and For more than 30 years, Smile Theatre has been foster their growth. bringing professional musical theatre to seniors in In Toronto, Sketch – Working Arts for Street-Involved Ontario who because of physical or transportation and Homeless Youth encourages creativity, self- difficulties, are unable to attend regular discovery and personal empowerment for homeless performances. Each year, Smile Theatre takes five youth. Through artistic exploration, youth learn to productions on the road to hospitals, nursing homes express and celebrate their creativity, enhance their and seniors’ facilities throughout southern Ontario, job readiness, participate in community life and reaching more than 30,000 seniors. Our corporate develop leadership skills. Our $10,000 contribution financial contribution supports their Performance Fee supports the Youth Skill Building program, providing Subsidization Program, which ensures that the training in arts media and technical, communication increasing number of seniors can participate and work ethic skills through courses and internship regardless of their financial circumstances. programs. As well, we support Youth Transitional Since 1995, Talisker Players Chamber Music has been Programming, which connects youth to careers taking music into the community, making outreach through collaborations between education and and education projects a priority. Through free employment agencies and arts organizations. concert performances in downtown Toronto, Talisker Outreach and mentorship programs are also at the Players makes music accessible to those often root of the Soulpepper Theatre Company’s mandate. overlooked by cultural institutions. Our sponsorship The artist-run, Toronto-based company presents of the Talisker on Tour Community Outreach Project classical masterpieces and trains artists while demonstrates our commitment to increasing enlightening and inspiring youth. Our $15,000 accessibility to a variety of audiences, including sponsorship of the Opening Night Club for seniors and those living in at-risk neighbourhoods. economically disadvantaged youth, helps them to explore their creativity and critical thinking skills through a series of workshops, talkback sessions, special opening nights and performances. Youth become actively engaged in the theatrical process while working directly with performers in a hands-on, collaborative and creative environment.

16 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Our commitment to providing youth with knowledge and opportunity extends to all segments Building the foundation for of the community, including those with a physical disability. The Canadian Abilities Foundation offers thriving communities several community and outreach initiatives including The Abilities Festival, one of their most In our increasingly competitive global environment, recent projects. The festival showcases artists with it’s important to continually evolve as a society in disabilities working in the areas of visual art, order to function proactively and progressively. One literature, performance and film. Through our way communities do this is by heightening their $10,000 sponsorship of its children’s programming, artistic and cultural profile in order to appeal to we provide children with disabilities with the broad audiences. We support communities in doing opportunity to embrace their differences, reach just that by investing in their creative initiatives at their full potential and strive for artistic excellence. the local level, helping them to build and maintain quality communities. Building on a similar premise, Youth Singers was founded on the belief that all youth should have Our sponsorship of the Creative Cities Conference, the opportunity to express themselves artistically themed The Importance of Arts and Culture, helped and creatively. Today, Youth Singers has become participants to examine how cities must evolve and Calgary’s most comprehensive performing arts and promote themselves as creative communities in training program, providing young people with the which to live and work. A collaborative partnership purpose and direction they need to pursue their between Investing in Children, Orchestras Canada artistic goals. Our $10,000 contribution is directed to and the Ontario Professional Planners Institute, the the Star Connection Bursary, providing financial conference focused on building better communities assistance to low income youth and helping to through creativity and culture through joint foster their creativity, leadership and sessions, workshops and presentations. teamwork skills.

The following organizations represent just some of the charitable arts organizations that we’ve supported in 2005:

Western Canada Art City, Neighbourhood Collaborative Arts Projects Winnipeg, Manitoba

Saskatoon International Fringe Festival, Fringe Youth Arts Initiative Sponsor Saskatoon, Saskatchewan

Ontario Harbourfront Centre, Culture Shock: Voices of an Emerging Generation Toronto

Museum London, Sesquicentennial Celebration youth exhibits London

Atlantic Theatre Nova Scotia, Perform! Program Sponsor Halifax, Nova Scotia

Newfoundland Symphony Orchestra Foundation, Symphony Goes to School St. John’s, Newfoundland

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 17 Addressing those in need

Tom Jackson’s Singing for Supper concert series raises money for food banks in the communities where the concerts are held (Courtesy: Winnipeg Harvest and Peter Rhode of Metro Studio).

ur support of United Way helps the United Way’s National Corporate organizations that depend on it provide important services to millions Strategy of people in communities across Two years ago, United Way-Centraide invited us to Canada. Through staff-driven workplace campaigns participate on a national task force to review its Oand corporate contributions, we continue to direct strategy and relationship with corporate Canada. the majority of our funding to social services through United Ways across the country. The task force was established in response to United Way’s corporate stakeholder research report, to We believe this is the most effective way for us to establish better responses to the interests and needs support an increasingly diverse range of local of its corporate donors, and to maximize the community needs. Backed by a strong volunteer involvement of staff and workplaces. core and a network of agencies that are ready to respond to the needs specific in their area, United We are pleased to be one of a few pilot projects to Way is positioned to change communities for the help establish improved communications, data better. collection and analysis and new processes that recognize the evolution of corporate Canada and its We support our staff and financial security advisors’ workplace environment. fundraising efforts by making corporate contributions to community campaigns where we have offices. In head office locations, where the largest workplace campaigns occur, we also offset the cost of staff campaigns to maximize their impact. In 2005, staff participated in 24 United Way initiatives across the country. This repeated strong support is the reason why we have continued to receive the United Way Thanks a Million award. Together, staff and retirees raised more than $800,000 for United Way in 2005, for a total financial contribution of over $2 million. In addition to supporting United Way, our head office in London and many Freedom 55 Financial centres are involved with SHARE, an employee directed campaign to raise funds for charities across Canada. Established in 1954, and directed by a team of staff volunteers, SHARE continues to raise funds for a charity trust directed by staff, distributing funds to community organizations across the country. In 2005, the SHARE campaign raised $615,000 for eligible charities.

18 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Lending a hand After raising close to a million dollars and more than a tonne of food for the Canadian Association While community based appeals like United Way of Food Banks through the long running Huron enable us to provide support to a wide spectrum of Carole concert series, singer Tom Jackson has individual, family and community needs, we created a new event to build on the tradition. The recognize that there are often unique and Singing for Supper series premiered in 2005, emerging social issues that require direct support. featuring intimate, locally produced concerts in smaller communities across Canada. Thanks to our The Children’s Aid Foundation of Halton raises support as a premier sponsor, proceeds from ticket money for the Children’s Aid Society of Halton. It and merchandise sales and other donations are enables the society to provide additional services provided to food banks within the communities that are not covered by government funding to where the concerts are held. help abused and neglected children. Our contribution supports the organization’s Connecting Youth to their Community pilot project, Communities in need which ensures youth are supported by a network of In 2005, we also supported the following volunteer mentors from the community as they organizations to address poverty and hunger in leave care and make the transition to independent their communities. living. Volunteers will be recruited, trained and supervised by the Children’s Aid Society to provide Winnipeg Harvest Inc., youth with positive role models and connections to Agency Food Transportation Program the community. Regina & District Food Bank, Our three-year commitment of $15,000 annually City of Hope capital campaign complements the strong volunteer leadership of Second Harvest, staff and financial security advisors from Freedom Reach truck for food storage and loading area 55 Financial in Burlington and Hamilton, who are Toronto, Ontario active members of the foundation’s board. Daily Bread Food Bank What started as a fun event for the business Toronto, Ontario industry has become a charitable model for other cities to follow. Together with our sponsorship, staff and financial security advisors from Freedom 55 Financial in Montreal were involved in the second Hockey for the Homeless event in Montreal in November that raised over $121,000 for local charities and provided more than 700 survival kits for homeless citizens in the city. The event was modeled after the Hockey for the Homeless initiative in Toronto that has been raising money to address local needs since 1996. The Montreal event involved the local business community, former NHL players and local celebrities. In addition to distributing survival kits to meet an immediate need, funds raised from the tournament will be used to find sustainable solutions aimed at assisting local people in need.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 19 Planting the seeds for a greener tomorrow

Through Earth Rangers' Environmental Education and Preservation Assembly Program, children learn about the importance of ecosystems and ways to respect and protect the environment.

rotecting the environment is crucial to the Building on the idea that children are the face of quality of life that Canadians enjoy. The our future, Earth Rangers puts into practice their actions we take now affect the long-term state mission of inspiring children with a lasting passion of our world, both locally and globally. By to improve the environment. Established in 1999, investing in the welfare of our environment today, this organization fosters a sense of environmental Pwe’re helping to ensure tomorrow’s generations literacy and accountability among school-aged enjoy a cleaner, healthier world. Through our children. Through their Environmental Education corporate support, we invest in several and Preservation Assembly Program, children learn organizations that are committed to environmental about the importance of ecosystems and ways to conservation and education. respect and protect the environment. Our $20,000 corporate contribution is directed towards in-school The London Regional Children’s Museum is presentations using animal ambassadors. To date, dedicated to the development of children through more than 35,000 children throughout Ontario have encouraging their participation in cultural and participated in the assembly program, learning scientific programs. Their belief is that children, about wildlife and their link to environmental when reached at an early age, can learn to develop issues. Ultimately, 50,000 children will benefit from positive habits that will influence their long-term this program, with the goal of reaching many more attitudes and choices. This is the premise behind the throughout Canada and North America. Thames River Through Time Education Program for grade four students. The goal of this project is to teach students the environmental history of the Thames River while encouraging stewardship and promoting appreciation of the river environment. Through research consisting of water testing and tracking the state of the river, students compile their findings and reflections, which are showcased in a newsletter and a Science Investigation Station Kit used by teachers, visitors and program facilitators. Our support of this program helps children to think proactively and develop solutions through their study of such issues as wastewater, urban impacts, the natural river basin and changes in environmental patterns.

20 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Committed to excellence

measure of our underlying strength as a Professional leadership company is the trust our clients place in Our range of insurance and financial products and our products and services, and their services allows us to meet the diverse needs of our loyalty as demonstrated by repeat clients. We market our products and services business year after year. By providing through an extensive distribution network including Aknowledgeable, professional advice and service to financial security advisors, independent brokers, clients, our staff and financial security advisors play financial institutions and benefit and group a key role in our continued success. retirement consultants. A nationwide network of High standards of conduct are important in sales and service offices provides product and client maintaining the trust and confidence of our clients, service support. shareholders, business associates and the communities where we live and work. Our leadership position in the financial services industry requires a commitment to continuous In 2005, we introduced a new code of conduct for improvement and ongoing professional all staff and board members. The Code of Business development. We have been recognized for the Conduct and Ethics for Directors, Officers and continuing education and professional development Employees brought new and existing policies programs we offer to our staff and financial together into a comprehensive document that each security advisors. individual is required to review and acknowledge every year as a condition of employment or Many of our staff and financial security advisors are appointment. members of professional organizations related to The Code provides clear and comprehensive business, accounting, actuarial and underwriting, standards of conduct that must be followed by all risk management, life insurance, claims board members and staff. It addresses a number of adjudication, rehabilitation, human resources, important corporate policies related to business information technology, customer service, and conduct, including: several more. Through their involvement, they gain valuable knowledge, form important professional • Behaviour in the workplace networks, and promote standards and best practices • Personal and confidential information for their areas of expertise. We actively support • Conflicts of interest their participation, and acknowledge their • Insider trading leadership in volunteer roles within these • Fair competition and market conduct organizations. • Payment, gifts and entertainment • Fraud prevention • Integrity of financial information • Anti-money laundering • Records retention • Communicating with others In 2005, Great-West Lifeco Inc. was • Use of company resources ranked 12th out of the 50 best • Intellectual property corporate citizens by Corporate Knights, a business publication that addresses the role of business in society.

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 21 An employer of choice

s a leading financial services organization, we offer a diverse range of career opportunities in locations across the country. The growth of our company, and the international scope of business through our operations in Europe, present a variety of career options such as positions in finance, sales and marketing, client service, claims and technology.

AOur competitive compensation and benefits, and positive workplace environments contribute to our reputation as an employer of choice. Healthy workplaces Staff in our head office locations benefit from the health and wellness support provided by on-site resource centres. Fitness facilities are also available to encourage staff in Winnipeg, London and Toronto to incorporate physical activities into the workday. Staff in all locations across the country may obtain general health and wellness information through the staff benefit plan, and can access confidential referrals and counselling services on a variety of personal or work related concerns.

Employment in Canada Full time and part time employees Great-West Life, London Life and Canada Life (as of December 31, 2005)

Province Regular Regular 2005 Full time Part time Total

British Columbia 444 10 454 Alberta 370 8 378 Saskatchewan 539 24 563 Manitoba 2,669 252 2,921 Ontario 3,977 128 4,105 Quebec 946 27 973 New Brunswick 37 3 40 Nova Scotia 116 1 117 Prince Edward Island 6 0 6 Newfoundland and Labrador 25 1 26 Territories 1 0 1

Total 9,130 454 9,584

London Life’s head office in London has upheld its reputation in the community as being a good-hearted place to work by receiving the healthy worksite gold award from the London-Middlesex Health Unit for the fourth year in a row. The award recognizes workplaces that facilitate a heart-smart lifestyle for staff through promoting health and safety, healthy lifestyle practices and positive workplace environments. The cafeteria was also recognized by the province’s healthy restaurant program for the third consecutive year.

22 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Contributing to the economy We have an economic impact on the communities where we live and work in a variety of ways, through the salaries and commissions we pay to our staff and financial security advisors, to the taxes we pay. We also invest in public sector debt financing through the brokerage community, and direct debt financing through private placements and commercial mortgages.

Taxes Taxes in Canada Great-West pays a range of taxes Great-West Life, London Life and Canada Life (as of December 31, 2005) to municipal, provincial and federal governments in Canada. Income tax Capital tax and premium tax During 2005, Great-West, London $ thousands $ thousands Life and Canada Life paid in Federal government excess of $524 million in taxes to $182,000 $3,101 all levels of government in Provincial governments: Canada. This total consisted of British Columbia 8,320 15,899 more than $250 million in Alberta 6,914 15,474 income taxes, over $175 million Saskatchewan 3,556 7,182 in capital and premium taxes Manitoba (3,399) 7,194 (most provincial governments Ontario 38,390 84,976 levy premium taxes on insurance Quebec companies in lieu of capital 9,529 27,725 New Brunswick taxes) and almost $99 million 1,650 2,708 in payroll taxes (employer Nova Scotia 2,414 5,902 portion), business taxes, property Prince Edward Island 232 755 taxes, and GST and sales taxes. Newfoundland and Labrador 865 3,901 Territories 132 510 Total $250,603 $175,327

New private and commercial mortgage loan fundings Great-West Life, London Life and Canada Life (as of December 31, 2005)

By province $0 - $25,000 - $100,000 - $250,000 - $500,000 - $1,000,000 - More than Totals $24,999 $99,999 $249,999 $499,999 $999,999 $4,999,999 $5,000,000 # of # of # of # of # of # of # of $ # of accounts accounts accounts accounts accounts accounts accounts accounts

British Columbia - - - - 149,306 1 434,631 1 1,644,819 2 118,898,674 47 279,786,688 24 400,914,118 75

Alberta ------877,565 1 33,018,973 13 223,032,963 20 256,929,501 34

Saskatchewan ------1,633,352 2 3,861,446 1 36,843,000 2 42,337,798 5

Manitoba ------22,541,592 11 149,907,150 7 172,448,742 18

Ontario - - - - 1,125,402 6 2,665,213 7 23,504,378 29 184,669,574 69 1,362,548,259 84 1,574,512,826 195

Quebec - - - - 190,479 1 1,324,805 4 1,662,356 2 11,629,402 6 251,834,971 18 266,642,013 31

New Brunswick ------6,022,500 1 6,022,500 1

Nova Scotia ------664,399 1 - - - - 664,399 1

Prince Edward Island ------

Newfoundland ------772,118 1 - - 45,400,000 2 46,172,118 3 and Labrador

Territories ------7,500,000 1 7,500,000 1

Total - - - - 1,465,187 8 4,424,649 12 30,758,987 38 374,619,661 147 2,362,875,531 159 2,774,144,015 364

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 23 Appendix: Contributions to communities in 2005

2005 Canada Summer Games The British Columbia Lions Society for Children with Canadian Opera Company 30 Hour Telethon for Palliative Care Services Disabilities Canadian Opera Volunteer Committee 980 CJME's Santa's Anonymous Broadway Neighbourhood Centre Canadian Red Cross National Office ABC CANADA Literacy Foundation Burin Peninsula Health Care Foundation Canadian Spinal Research Organization (CSRO) ABC Head Start Society Burlington Art Centre Canadian Student Leadership Conference Aboriginal Financial Officers Association of Canada Business Council of Manitoba Canadian Theatre Festival Society Acadia University C.D. Howe Institute The Cancer Research Society Inc. - Montreal ACCESS Riverside - Career Training Centre Cabbagetown Community Arts Centre CancerCare Manitoba Foundation Inc. Action Centre The Calgary Foundation CanStage Adsum for Women & Children Calgary Philharmonic Society Canuck Place Children's Hospice Adult Learning Centre Calgary Women's Emergency Shelter CanWest Global Foundation Agassiz International Summer Chamber Music Festival Camp Circle O'Friends The Carpenter Hospice The AIDS Coalition of Nova Scotia Camp Oochigeas Carrefour jeunesse emploi de l'Outaouais Albert Community Library Campbellford Memorial Hospital Auxiliary Casey House Foundation Alberta Cancer Foundation Canada China Business Council Catholic Social Services The Alberta Children's Hospital Foundation Canada Place Corporation's Christmas Window The Cedars Cancer Institute Alberta Wilderness Association Canadian Abilities Foundation Celebrate London Algoma University College Foundation Canadian Association for Disabled Skiing Centaur Theatre Company ALS Society of Ontario Canadian Association of Gift Planners (CAGP) Centraide Abitibi-Témiscamingue-Ungava The ALS Society of Quebec Canadian Association of Rehabilitation Professionals Centraide Bas-Saint-Laurent Altruvest Charitable Services (CARP) Centraide du Grand Montréal Alzheimer Society Nova Scotia Canadian Breast Cancer Foundation Centraide Estrie Alzheimer Society of Kingston Canadian Breast Cancer Foundation - Ontario Chapter Centraide Lanaudière Alzheimer Society of Manitoba Canadian Cancer Society - Burlington Unit Centraide Laurentides Alzheimer Society of Niagara Region Canadian Cancer Society - Elgin-Middlesex Unit Centraide Mauricie Alzheimer Society of Saskatchewan Canadian Cancer Society - Fraser Valley Region Centraide Outaouais The Amabile Choirs of London, Canada Canadian Cancer Society - Greater Vancouver Region Centraide Québec The Americas Society Canadian Cancer Society - Hamilton-Wentworth Unit Centraide Richelieu-Yamaska Anselma House - Women's Crisis Services Canadian Cancer Society - Manitoba Division Centraide Saguenay-Lac-St-Jean Aphasie Rive-Sud Canadian Cancer Society - National Office Central Speech and Hearing Clinic Inc. Art City Canadian Cancer Society - Oxford County Unit Centre d'action bénévole - Les P'tits Bonheurs Art Gallery of Hamilton Canadian Cancer Society - Peterborough & District Unit Centre de bénévolat de Laval Inc. The Arthritis & Autoimmunity Research Centre Foundation Canadian Cancer Society - Quebec Division Centre for Addiction and Mental Health Foundation The Arthritis Society - Quebec Division Canadian Cancer Society - Renfrew County Unit Centre for Information & Community Services Arts Club Theatre Company Canadian Cancer Society - Saskatchewan Division of Ontario (CICS) Arts Umbrella Canadian Cancer Society - Sherbrooke Centre in the Square Association fibrose kystique de l'Abitibi-Témiscamingue The Canadian Centre for Architecture The Cerebral Palsy Association of Manitoba Association of Fundraising Professionals, Manitoba The Canadian Chamber of Commerce Certified General Accountants Association of Manitoba Chapter The Canadian Club of Winnipeg Child Find Manitoba Atlantic Institute for Market Studies Canadian Council for Aboriginal Business Children's Aid Foundation of Halton Atlantic Salmon Federation (ASF) Canadian Cystic Fibrosis Foundation - Kitchener-Waterloo Children's Health Foundation of Saskatchewan Autism Resource Centre Chapter Children's Hospital Foundation of Manitoba B'nai Brith Canada - Midwest Region Canadian Cystic Fibrosis Foundation - Peel/Halton Children's Wish Foundation of Canada - Manitoba Chapter The Banff Centre Chapter Children's Wish Foundation of Canada - The Baycrest Centre Foundation Canadian Cystic Fibrosis Foundation - South National Capital Region Chapter Saskatchewan Chapter BC Cancer Foundation Children's Wish Foundation of Canada - Canadian Cystic Fibrosis Foundation - Victoria Chapter BC Cancer Foundation - Southern Interior Prince Edward Island Chapter Canadian Cystic Fibrosis Foundation - Windsor Chapter BC Children's Hospital Foundation Christmas & Winter Relief Association Canadian Cystic Fibrosis Foundation - Winnipeg Chapter Bereaved Families of Ontario - Hamilton/Burlington Christmas Cheer Board of Greater Winnipeg, Inc. Canadian Diabetes Association - London & District Branch Bereaved Families of Ontario - Pembroke City of Burlington - Permanent Central Park Labyrinth Canadian Diabetes Association - National The Berwick & District Community Association - Apple City of Greater Sudbury Safe Communities Coalition Dome Committee Canadian Farmers With Disabilities Registry City of Kenora Wellness Centre Project Best Buddies Canada Canadian Foundation for AIDS Research (CANFAR) City of London - 150th Anniversary Gala Dinner Bethlehem Projects of Niagara Canadian Health Care Anti-Fraud Association City of Ottawa - Mayor's Initiative on Healthy and Big Brothers and Big Sisters of Toronto Canadian Information Processing Society - Productive Workplaces Winnipeg Section Big Brothers Big Sisters of Winnipeg City of Regina Commuter Challenge The Canadian Institute for Advanced Research (CIAR) Big Brothers of Greater Vancouver Foundation Classroom Connections Canadian Intensive Care Foundation Big Brothers of London Coast Mental Health Foundation Canadian Medical Hall of Fame Big Brothers of Regina Colchester Community Workshops Foundation Canadian Memorial Chiropractic College Big Sisters of London Collège universitaire de Saint-Boniface Canadian Mental Health Association BC Division Brain Injury Association of Canada Columbus House (Pembroke) Inc. Canadian Million Dollar Round Table (MDRT) Brain Injury Association of Peel and Halton Commonwealth Games Foundation of Canada Charitable Foundation Brandon University The Community Foundation of Durham Region The Canadian National Institute for the Blind - Community Living Guelph Wellington Breast Cancer Action Kingston Grande Prairie Chapter Community Living St. Catharines Breast Cancer Action Saskatchewan The Canadian National Institute for the Blind - Community Services Council Newfoundland and Labrador Brescia University College NS/PEI Division Concordia Hospital Foundation Bridgepoint Health Canadian Olympic Committee

24 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement Concordia University GroundSwell KidsLink Foundation Conestoga College Group Health Centre Trust Fund KidSport (Sport Manitoba) Confederation Centre of the Arts Groupe Action Nouvelle Vie KidSport BC Core Community Association Habitat for Humanity Society of Greater Vancouver KidSport PEI Corporate Knights Inc. Habitat for Humanity Toronto Inc. KidSport Saskatchewan The Corporation of Massey Hall and Roy Thomson Hall Habitat for Humanity Winnipeg King's University College at The The Council for Business and the Arts in Canada Hamilton Health Sciences Foundation University of Western Ontario Creative Retirement Manitoba Harbourfront Centre Kingston General Hospital Auxiliary The Credit Valley Hospital Foundation Health Sciences Centre Foundation Kirkland Lake & District United Way Crime Stoppers Windsor Health Work and Wellness Conference Inc. Kiwanis Club of Wascana Crohn's and Colitis Foundation of Canada - Heart and Stroke Foundation of B.C. & Yukon - The Kiwanis Club of Winnipeg Inc. Toronto Chapter Victoria Area Knights of Columbus Council 5333 Daily Bread Food Bank Heart and Stroke Foundation of Canada L'Arche Cape Breton - Jeremy Harris Living Library Dalhousie University Heart and Stroke Foundation of Manitoba Labatt 24-Hour Relay London Deaf & Hard of Hearing Services Heart and Stroke Foundation of Ontario Lake Nutimik Baptist Camp Défi Corporatif Canderel Heart and Stroke Foundation of Ontario - Kitchener Area Lakeridge Health Corporation Délégation des Jeux du Commerce de l'Université Laval Heart and Stroke Foundation of Ontario - London Area Landmarks London Don Mazankowski Scholarship Foundation Heart and Stroke Foundation of Ontario - Newmarket Area Laurentian University Douglas Hospital Foundation Heart and Stroke Foundation of Ontario - Leadership Winnipeg Downtown Winnipeg BIZ Owen Sound Area LEAF Manitoba Dr. R.E.M. Lee Hospital Foundation Heart and Stroke Foundation of Ontario - Toronto Area Learning Disabilities Association of Manitoba Ducks Unlimited Canada Heart and Stroke Foundation of Saskatchewan Legacy Children's Foundation The Duke of Edinburgh's Award - Manitoba Division Heart of the City Hospital Foundation Let's Talk Science The Duke of Edinburgh's Award - Ontario Division HEC Montréal The Lieutenant Governor's Youth Experience Program Earth Rangers Helen Betty Osborne Memorial Foundation Lighthouse Mission Easter Seals Society Manitoba Historica Foundation of Canada The Lighthouse, Children and Families The Easter Seal Society, Ontario Hockey for the Homeless LITE The Easter Seal Society Saskatchewan Hope's Garden Literacy Unlimited Emergo Respite Services - Autism and Pervasive Hospice Kingston Inc. The Livia Stoyke Foundation Developmental Disorders The Hospice of Windsor and Essex County, Inc. Loch Lomond Villa Foundation, Inc. Endeavour Hospitals of Regina Foundation London Chamber of Commerce Ensemble contemporain de Montréal Huron University College Foundation London Community Foundation Ex-Wrens Association (Chippawa Division) I Musici de Montréal London Curling Club Families of Spinal Muscular Atrophy Canada Imperial Oil Centre for the Performing Arts London Health Sciences Foundation Family Service Regina In Kind Canada London International Children's Festival Fanshawe College Industry-Education Council of Hamilton London Pro Musica Federation CJA Inner City Agencies Foundation London Prostate Cancer Centre Festival du Voyageur inc. Institut de cardiologie de Québec London Regional Cancer Program Festival familial de la montgolfière du Saguenay The Institute of Chartered Accountants of Manitoba London Regional Children's Museum Lac-St-Jean International Institute for Sustainable Development The London Youth Symphony Fleming College Foundation The International Symphony Orchestra Lorraine Kimsa Theatre for Young People FMG Dragon Boat Investing in Children Lymphoma Foundation Canada Fondation Armand-Frappier Jake's House for Children with Autism MAA Corporate Triathlon Fondation Daniel Brière Janus Academy Society MacKenzie Art Gallery Fondation de l'Hôpital Charles LeMoyne The Jason Edmonds Foundation for Road Safety MADD Mothers Against Drunk Driving - London Fondation de l'Hôpital Sainte-Justine Jazz Winnipeg Inc. La Maison Notre-Dame du Saguenay Fondation de l'Université du Québec à Trois-Rivières The Jewish Foundation of Manitoba Make-A-Wish Foundation of Canada - Toronto Chapter La Fondation du Centre hospitalier des Vallées de Jewish General Hospital Make-A-Wish Foundation of Southwestern Ontario l'Outaouais Jewish National Fund of Canada Manitoba Aboriginal Youth Achievement Awards Fondation Jean Lapointe Inc. Junior Achievement of British Columbia - Manitoba Addictions Awareness Week Committee Fondation Ressources-Jeunesse Okanagan Region Manitoba Artists in Healthcare Foothills Academy Society Junior Achievement of Chatham-Kent Manitoba Arts Network Forces AVENIR inc. Junior Achievement of London & District Inc. Manitoba Association of Medical Radiation The Forks Renewal Corporation Junior Achievement of Manitoba Technologists Inc. Fort Whyte Centre Junior Achievement of Saskatchewan Manitoba Bar Association Foundation for Research into Children's Diseases Junior League of Winnipeg Manitoba Business Leadership Network Inc. The Friends of Pinery Park Juravinski Cancer Centre Foundation Manitoba Chamber Orchestra Friends of the Moncton Hospital Foundation, Inc. Juvenile Diabetes Research Foundation Canada - Manitoba Children's Museum Frontier College BC Region Manitoba Conservatory of Music and Arts Gananoque Youth Services Juvenile Diabetes Research Foundation Canada - Manitoba Crafts Museum and Library The George Hull Centre Foundation Burlington/Hamilton Chapter Manitoba Curling Association Glenbow Museum Juvenile Diabetes Research Foundation Canada - Manitoba Customer Contact Association Edmonton Chapter Global Business and Economic Roundtable on Manitoba Marathon Juvenile Diabetes Research Foundation Canada - Addiction and Mental Health Manitoba Metis Federation Inc. Saskatoon Chapter Globe Theatre Manitoba Moose Yearling Foundation Inc. Juvenile Diabetes Research Foundation Canada - Victoria Government House Foundation The Manitoba Museum Juvenile Diabetes Research Foundation Canada - The Grace General Hospital Foundation Inc. Manitoba Opera The Grand Theatre Winnipeg Chapter Karen Schuessler Singers Manitoba Schools Science Symposium Les Grands Ballets Canadiens de Montréal Manitoba Theatre Centre The Grey Bruce Regional Health Centre Foundation Inc. The Kidney Foundation of Canada - Central Ontario Branch Manitoba Theatre for Young People

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 25 Marie-Vincent Foundation Pembroke Regional Hospital Foundation Serving Seniors, Inc. Markham Stouffville Hospital Foundation Perth and Smiths Falls District Hospital SEVEC McCord Museum POGO - Pediatric Oncology Group of Ontario Seven Oaks General Hospital Foundation Inc. McGill University Point Lance Community Hall Committee Shad International McMan Youth, Family and Community Porcupine United Way Shakespeare on the Saskatchewan Festival Services Association Power Smart Winnipeg Jaycees Santa Claus Parade ShareLife - Archdiocese of Toronto McMichael Canadian Art Collection Prairie Theatre Exchange Shaw Festival Memorial University of Newfoundland Premier Personnel Corporation Sheena's Place Mental Health and Work Network Prince George United Way Sheridan College Institute of Technology Metropolitan United Church of London's Meal Program Princess Margaret Hospital Foundation and Advanced Learning Michael Cuccione Foundation Providence Healthcare Foundation SickKids Foundation Misericordia Health Centre Foundation Provincial Health Authorities of Alberta Sketch - Working Arts for Street-Involved and Mississauga Board of Trade Quebec Breakfast Club Homeless Youth Mississauga Camp Enterprise Quebec Breast Cancer Foundation Skills Camp Mississauga Symphony Quebec Cystic Fibrosis Association Smile Theatre Company The Montreal Children's Hospital Foundation Queen Elizabeth II Hospital Foundation La Société de la Compagnie Franche de la Marine (SCFM) Montreal Heart Institute Quinte Ballet School of Canada The Society of Management Accountants of Manitoba Montreal Perspective 2005 Rainbow Stage Soulpepper Theatre Company Moorelands Ranch Ehrlo Society Special Olympics Canada The Mount Royal College Foundation RCR Museum Special Olympics Canada Foundation Mount Sinai Hospital Foundation Red River College Special Olympics Manitoba MukiBaum Treatment Centres The Regent Park Community Health Centre - The Spirit of Giving Inc. Multiple Sclerosis Society of Canada The Pathways to Education Program Spruce Meadows/Equestrian Improvement Foundation Multiple Sclerosis Society of Canada - Alberta Division Regina & District Chamber of Commerce St. Anthony's Hospital Multiple Sclerosis Society of Canada - Hamilton & District Regina & District Food Bank Inc. St. Boniface Hospital & Research Foundation Multiple Sclerosis Society of Canada - Manitoba Division Regina Children's Festival St. John's Rehab Foundation Multiple Sclerosis Society of Canada - Ontario Division Regina Dragon Boat Festival St. John's Therapeutic Riding Association, Multiple Sclerosis Society of Canada - Quebec Division Regina Family YMCA Rainbow Riders Inc. Multiple Sclerosis Society of Canada - Regina Habitat for Humanity St. Joseph's Health Care Foundation (London) Southwestern Ontario Regina Indian Community Awareness Incorporated (RICA) St. Paul's Greek Orthodox Community of Regina Fundraiser Multiple Sclerosis Society of Canada - Waterloo District Regina Inner City Family Foundation St. Paul's Hospital Foundation Musée de Charlevoix Regina Music Festival Association Stratford Festival of Canada Museum London Regina Science Fair Council Stratford General Hospital Foundation Music and Opera Appreciation Inc Regina Symphony Orchestra Sudbury Food Bank The Mustard Seed Street Ministry Reh-Fit Centre Foundation Sudbury Regional Hospital Foundation National Aboriginal Achievement Foundation Rehabilitation Centre for Children Foundation Summer Street Industries National Arts Centre Resource Conservation Manitoba Sunrise Therapeutic Riding & Learning Centre The National Ballet School Richard Ivey School of Business Sunshine Centres for Seniors National Quality Institute Riverview Health Centre Foundation Sunshine Dreams for Kids NeuroScience Canada Riverwood Campaign for the Mississauga Garden Park Swampy Cree Tribal Council Newfoundland Symphony Orchestra Foundation Robarts Research Institute Talisker Players Chamber Music Niagara College Foundation Ronald McDonald House British Columbia Tender Wishes Foundation The North Bay Symphony Society Ronald McDonald House - Ottawa and Eastern Ontario The Terry Fox Foundation Ontario North York General Hospital Foundation Rose and Max Rady Jewish Community Centre Thames Region Ecological Association The Northern Alberta Institute of Technology Rosseau Lake College Thames Valley Children's Centre Northern B.C. Friends of Children Society Rotary Centre for the Arts Thames Valley District School Board's London Region Nous Aidons Inc. Royal Canadian College of Organists - London Historica Fair Nova Scotia Hearing and Speech Foundation Royal Canadian Mounted Police Veterans' Association Theatre Aquarius Nova Scotia Sport Hall of Fame Royal Ottawa Health Care Foundation Le Théâtre du Nouveau Monde Oakville Hospital Foundation Royal University Hospital Foundation Theatre New Brunswick Okanagan College Foundation Royal Victoria Hospital of Barrie Foundation Theatre Nova Scotia Ontario Heritage Foundation Royal Winnipeg Ballet Thunder Bay Regional Health Sciences Foundation Opera Atelier Ryerson University Thunder Bay Symphony Orchestra L'Opéra de Montréal Saint-Vincent Hospital Toastmasters International Operation Red Nose The Salvation Army - Hamilton Toronto East General Hospital Opportunities for Employment The Salvation Army - London Toronto Economic Development, Culture & Tourism Orchestra London Saskatchewan Arts Board Toronto General & Western Hospital Foundation Orchestre symphonique de Montréal Saskatchewan Chamber of Commerce - ABEX Awards Toronto Symphony Orchestra Original Kids Theatre Company Saskatchewan Express Tour for Kids Ottawa Regional Cancer Centre Foundation Saskatchewan Roughriders Football Club Trillium Health Centre Foundation Ottawa Senators Foundation - Roger's House Saskatchewan Science Centre Trinity Western University Owen Sound Rotary Club Saskatoon Fringe Theatre Festival Trout Forest Music Festival P.A.I.S. (Performing Arts Information Services) Saskatoon Regional Economic Development Authority, Troyanda Ukrainian Dance Ensemble Park House Inc. Inc. (SREDA) Turning Points Youth Parent & The Parkinson's Society of Alberta Saskatoon Symphony Early Learning Development Centre The Parkinson's Society of Southern Alberta SCO Health Service Foundation United Fire Fighters of Winnipeg Partners for Youth Second Harvest United Way of Ajax-Pickering-Uxbridge Partners in the Park Seniors' & Elders' Day Committee United Way of Brandon & District Inc. The Pavilion Gallery Serve Canada Youth Service Organization United Way of Bruce Grey

26 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement United Way of Burlington & Greater Hamilton Victoria General Hospital Foundation As a company, we are also involved with many United Way of Calgary and Area Villa Rosa Inc. professional or business organizations related to our United Way of Cambridge and North Dumfries Vision Quest Conferences Inc. industry. Many of our staff are involved in advisory or United Way of Cape Breton Volunteer Centre of Winnipeg consultative capacities with industry organizations or working groups including members of private industry United Way of Central Alberta VON Middlesex-Elgin and regulatory agencies. As corporate members, we United Way of Chatham-Kent VON Perth-Huron support the following organizations. United Way of Grande Prairie & Region VON West Island United Way of Greater Moncton & Welcome Hall Mission Canadian Chamber of Commerce Southeastern New Brunswick Region Inc. Wellspring London and Region Better Business Bureau of Manitoba United Way of Greater Saint John Inc. West Broadway Neighbourhood Housing Resource Centre Business Council of Manitoba United Way of Greater Simcoe County West Region Tribal Council C. D. Howe Institute United Way of Greater Toronto Western Area Youth Services Canada Safety Council United Way of Greater Victoria Western Canada Aviation Museum Canadian Club of Winnipeg United Way of Halifax Region Western Ontario Drama League Canadian Council for Aboriginal Business United Way of Kingston, Frontenac, Lennox and Addington Westminster Housing Society Inc. Canadian Council of Chief Executives United Way of Kitchener-Waterloo and Area Windsor Symphony Orchestra The Centre for Corporate Citizenship at Boston College United Way of Lanark County The Winnipeg Art Gallery Chambre de commerce du Montreal Metropolitain United Way of Leeds and Grenville Winnipeg Blue Bomber Alumni Chambre de commerce du Quebec United Way of London & Middlesex Winnipeg Blue Bombers Conference Board of Canada United Way of Nanaimo & District Winnipeg Chamber of Commerce The Council for Business and the Arts in Canada United Way of Oshawa-Whitby-Clarington The Winnipeg Chinese Cultural and Community Centre Imagine Canada United Way of Peel Region Winnipeg Folk Festival The London Chamber of Commerce United Way of Peterborough & District The Winnipeg Fringe Theatre Festival - Kids Fringe Manitoba Chamber of Commerce United Way of Prince Edward Island Winnipeg Goldeyes Baseball Club's Community Zone National Quality Institute United Way of Quinte Partnership Ontario Chamber of Commerce United Way of Regina Winnipeg Harvest Inc. Regina & District Chamber of Commerce United Way of Sarnia-Lambton The Winnipeg Humane Society Toronto Financial Services Alliance United Way of Saskatoon Winnipeg International Children's Festival Winnipeg Chamber of Commerce United Way of Sault Ste. Marie Winnipeg Jewish Theatre United Way of South Western Alberta Winnipeg Military Family Resource Centre (MFRC) United Way of St. Catharines & District Winnipeg Music Festival United Way of Stormont, Dundas & Glengarry Winnipeg Philharmonic Choir United Way of The Alberta Capital Region Winnipeg Police Association's Fundraiser United Way of the Central & South Okanagan/Similkameen The Winnipeg Singers United Way of The Fraser Valley Winnipeg Symphony Orchestra United Way of the Lower Mainland Winnipeg's Contemporary Dancers United Way of Thunder Bay Women Business Owners of Manitoba United Way of Windsor-Essex County Women's Health Clinic United Way of Winnipeg Women's Place St. Catharines & North Niagara United Way of York Region Women's Rural Resource Centre of Strathroy & Area United Way Society of the Yukon Woodgreen Red Door Family Shelter United Way/Centraide (Central N.B./Région The Word on the Street, Calgary du Centre N.-B.) Inc. World Wildlife Fund Canada United Way/Centraide Ottawa Yee Hong Community Wellness Foundation United Way/Centraide Sudbury and District YMCA of Fredericton United Way/Centraide Upper Ottawa Valley, Inc. YMCA of Greater Halifax/Dartmouth Université de Montréal YMCA of Hamilton/Burlington Université Laval YMCA of London University Hospital Foundation YMCA of Niagara University of Calgary YMCA of North Bay University of Guelph-Humber YMCA-YWCA of Winnipeg University of Lethbridge Youth in Motion Education Foundation University of Manitoba Youth Singers of Calgary University of Prince Edward Island YWCA Regina University of Regina University of Waterloo The University of Western Ontario University of Winnipeg Urban Municipal Administrators Association of Saskatchewan Vancouver Chamber Choir Vancouver International Children's Festival The Vancouver Playhouse Theatre Company Variety, the Children's Charity of Manitoba VGH & UBC Hospital Foundation Victims of Violence - Canadian Centre for Missing Children

Great-West Life | London Life | Canada Life 2005 Public Accountability Statement 27 Team Events

Western Canada Ontario Sunshine Dreams for Kids ALS Society of Ontario Walk for Children's Dreams - London Alberta Wilderness Association Walk to D'Feet ALS London Life Head Office AWA Climb for Wilderness Freedom 55 Financial - Belleville Thames Valley Children's Centre Prairie Regional Marketing Centre Big Brothers of London Forest City Road Races Canadian Cancer Society - British Columbia and Yukon Big Brothers Bowl for Kids' Sake London Life Head Office Division London Life Head Office The Terry Fox Foundation Ontario Relay for Life - Celebrating Children of Courage Big Sisters of London Terry Fox Run - Hamilton Freedom 55 Financial - Vancouver Fraser Valley Snow Volleyball Freedom 55 Financial - Hamilton Canadian Cancer Society - Saskatchewan Division London Life Head Office The Terry Fox Foundation Ontario Relay for Life Canadian Breast Cancer Foundation - Ontario Chapter Terry Fox Run - Kingston Regina Administration Centre CIBC Run for the Cure - Toronto Freedom 55 Financial - Eastern Ontario The Easter Seal Society Saskatchewan Canada Life Head Office The Terry Fox Foundation Ontario 24 Hour Relay Canadian Cancer Society - Hamilton-Wentworth Unit Terry Fox Run - London Freedom 55 Financial - Saskatchewan Relay for Life London Life Head Office Heart and Stroke Foundation of B.C. & Yukon - Hamilton Group Sales Office In support of Camp Quality, Camp Trillium, and Camp Victoria Area Canadian Breast Cancer Foundation Oochigeas Times Colonist 10K Run CIBC Run for the Cure - London Tour for Kids Freedom 55 Financial - Vancouver Island London Life Head Office Canada Life Head Office Juvenile Diabetes Research Foundation Canada - Canadian Cancer Society - Elgin-Middlesex Unit VON Middlesex-London Edmonton Chapter Relay for Life Great Community Walk Walk to Cure Diabetes London Life Head Office London Life Head Office Edmonton Disability Management Services Office Canadian Cancer Society - Elgin-Middlesex Unit World Wildlife Fund Canada KidSport Saskatchewan The Great Ride 'N Stride to Beat Cancer WWF CN Tower Climb Corporate Challenge London Life Head Office Canada Life Head Office; London Life Head Office Regina Administration Centre Easter Seal Society, Ontario The Livia Stoyke Foundation Power Play For Easter Seals Kids Quebec Spin Around the Clock Freedom 55 Financial - Hamilton Freedom 55 Financial - Edmonton Défi Corporatif Canderel Heart and Stroke Foundation of Canada Défi Corporatif Canderel in support of cancer research at Multiple Sclerosis Society of Canada - Alberta Division Becel Ride for Heart McGill Cancer Centre and l’Institut du Cancer de MS 150 Bike Tour Canada Life Head Office Montreal Freedom 55 Financial - Edmonton Heart and Stroke Foundation of Ontario - Kitchener Office Montreal Head Office; Canada Life Eastern Regional The Parkinson's Society of Alberta Row for Heart Marketing Centre; Montreal Resource Centre; Montreal SuperWalk for Parkinson's Kitchener-Waterloo Resource Centre Group Sales Office Freedom 55 Financial - Edmonton Heart and Stroke Foundation of Ontario - London Area Fondation Jean Lapointe Inc. Office Dragon Boat Challenge Manitoba Big Bike for Heart and Stroke - London Freedom 55 Financial - Montreal Canadian Cancer Society - Manitoba Division London Life Head Office Manitoba Dragon Boat Festival In support of St. Joseph's Health Care Foundation and Atlantic Great-West Life Head Office London Health Sciences Foundation Canadian Breast Cancer Foundation The Cerebral Palsy Association of Manitoba Labatt 24-Hour Relay CIBC Run for the Cure - Sydney, NS Stationary Bike Race London Life Head Office Freedom 55 Financial - Cape Breton Great-West Life Head Office London Chamber of Commerce Easter Seal Society Manitoba Corporate Challenge Easter Seals 24 Hour Relay London Life Head Office Great-West Life Head Office MADD Mothers Against Drunk Driving - London Families of Spinal Muscular Atrophy Canada Strides for Change Walk Quinn's Quest for a Cure London Life Head Office Winnipeg Resource Centre; Great-West Life Head Office Multiple Sclerosis Society of Canada - Ontario Division Heart and Stroke Foundation of Manitoba MS Bike Ride Big Bike for Stroke Round Table Financial Inc. Great-West Life Head Office Multiple Sclerosis Society of Canada - Ontario Division, Multiple Sclerosis Society of Canada - Manitoba Division Southwestern Ontario Fund Raising Office MS150 Bike Tour MS Ride, Grand Bend to London Great-West Life Head Office London Life Head Office Multiple Sclerosis Society of Canada - Manitoba Division Multiple Sclerosis Society of Canada - Ontario Division, MS Super Cities Walk - Winnipeg Southwestern Ontario Fund Raising Office Great-West Life Head Office MS Super Cities Walk - London London Life Head Office

28 Great-West Life | London Life | Canada Life 2005 Public Accountability Statement

Great-West Life and key design and Stronger Communities Together are trademarks of The Great-West Life Assurance Company. London Life and design, and Freedom 55 Financial are trademarks of London Life Insurance Company. Canada Life and design are trademarks of The Canada Life Assurance Company. Other trademarks which appear in this statement are trademarks of The Great-West Life Assurance Company or other owners, and are used under license or with permission. Community Builders is trademark of the United Way Canada - Centraide Canada.

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