At a glance
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The corporate governance statement outlines the roles and responsibilities of the officers of the company. It explains all the duties that are vested in each individual officer and how the board of directors checks their power. The board may also have granted power in certain committees, which is explained in the statement.
The Section 172 statement is a Companies Act requirement which defines the duties of a company director and concerns the duty to promote the success of the company.
At Canada Life, our strategy is to be a leader in our chosen markets: retirement, investment and protection.