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Share this article Share this article WATERLOO, ON, Feb. 12, 2021 /CNW/ - Equitable Life of Canada is pleased to report that our strategic approach continued to serve us well in 2020, despite operating in a global pandemic. Equitable Life, one of Canada's largest mutual life insurance companies, closed out 2020 with strong earnings and solid growth. The Company reported earnings of $153 million, equating to a return on policyholders' equity of 16%. This result was driven by strong sales, investment performance, positive impacts from favourable expense ratios and reserve assumption changes. ...

This entry was posted in Guest Post, Links on About Lambert Strether Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“B...