00:25:45 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Sun Life Financial Inc
Symbol SLF
Shares Issued 586,828,293
Close 2023-09-22 C$ 67.09
Market Cap C$ 39,370,310,177
Recent Sedar Documents

Globe says Sun Life views Que.'s woes from safety of TO

2023-09-25 08:00 ET - In the News

The Globe and Mail reports in its Saturday edition that protecting the French language is something Quebec Premier François Legault now considers his personal responsibility. The Globe's Nicolas Van Praet writes that Quebec's most ambitious language law overhaul in nearly half a century is being denounced regularly for its attacks on English language rights as rules related to things such as schooling and access to justice come into force. Those problems are bleeding into the corporate world as well, with some companies having difficulty hiring people from outside the province amid questions about the legislation. The fallout is only beginning to shake out in Quebec's executive suites and shop floors. There is no sign, however, of any corporate migration of the kind Sun Life triggered in 1978 when it moved its headquarters to Toronto from Montreal. At the time, the company cited linguistic constraints after the adoption of Quebec's original French language charter. The law will also apply to e-commerce sites run by businesses outside Quebec, to the extent these sites sell to Quebec residents, and increases the risk of liability if businesses do not comply. Already, PetSmart and Otterbox have stopped shipping to Quebec.

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