The Globe and Mail reports in its Saturday edition that the impact of U.S. tariffs on financial markets has been manageable for Canada's Sun Life Financial, its chief executive officer says. The Globe's Clare O'Hara writes that Sun Life CEO Kevin Strain said Friday he has been "scenario testing" the impacts on his company as a cautionary measure amid current economic uncertainty. Mr. Strain told The Globe that Sun Life has a very strong capital position, but it is an unusual time in the industry, so he wants to be prepared. "We are trying to make sure we understand the situation. ... We don't want to overreact to the negative, so I think we're preparing for the worst, but not expecting the worst." Sun Life beat analysts' profit expectations as it reported first-quarter "underlying" net income of $1.04-billion, or $1.82 a share. That is up from $875-million, or $1.50 a share, in the same period last year. Sun Life's net income for the quarter was $928-million, up from $818-million in the first quarter of 2024. The insurer saw its profit increase across all three of its geographic segments: Canada, Asia and the United States. In recent months, Mr. Strain has spoken directly with local governments in all three.