Board calls special meeting of all eligible policyholders

On March 15, 2021, after receiving authorization from our federal regulators, the Economical Board of Directors called the third special meeting on demutualization. At the third special meeting, all eligible policyholders, both mutual and not mutual, will be asked to approve the Conversion Plan for Economical and authorize Economical to apply to the Minister of Finance for approval to demutualize. Once approval is received, Economical can become a public company with its shares listed on a stock market exchange.

Back to Top