A major milestone in demutualization has been reached


With the overwhelming support of our eligible policyholders to continue demutualization, Economical is moving forward to complete our transition to become a public company. In accordance with the demutualization regulations, our process will be completed once we have the approval of the Minister of Finance to demutualize.

We will be sharing more information about how each eligible policyholder can receive their financial benefit as it becomes available. Benefits for eligible policyholders will range from a few hundred dollars to thousands of dollars. The actual value of cash or shares you will receive will depend on the nature and duration of your policy, as well as the market value of the company at that time.

Stay tuned for more information on this aspect of our process in the coming months.

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Preparing for the Future as We Celebrate 150 Years of History

Economical is in the unique position of celebrating our 150-year history of serving the home, auto, and business insurance needs of Canadians while setting the stage for our future as a public company. If you want to learn more about our history, we encourage you to visit economical.com.

Looking for more information on what our demutualization means?


Watch this 90-second video: >>>>

Thank you for being part of our historic journey


Have questions? See our FAQ page.

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