Associations ought not speak on behalf of insurance companies

Insurer                                    Market Cap         Dividends
Manulife Financial                  34 billion dollars       Yes
Great-West Lifeco                  31 billion dollars       Yes
Sun Life Financial Inc             26 billion dollars       Yes
Industrielle Alliance                6 billion dollars          Yes
* Data selected from 2016
These insurance companies (among others) are listed on the Toronto Stock Exchange. Millions of people and tens of thousands of companies in Quebec rely on them for group benefits. The government relies on them to share in the cost of prescription medication. These companies are powerful and big enough to issue their own requirements or press releases. At AQTN, we believe that non-regulated associations should refrain from making statements on behalf of insurance carriers unless they are able to provide an official reference or obtain formal authorization to share a fact or position.