Is Definity Financial Corporation (Economical Insurance) Canadian?
Yes
Listed as Canadian-owned; registry confirmation still pending.
What we found
Economical Mutual Insurance, founded in 1871, demutualized after a decade-long policyholder-approved process: in November 2021 its shares transferred to new parent Definity Financial Corporation, which completed a.
The receipt
| Verdict | Canadian-owned |
| Category | Financial Services |
| HQ | Waterloo, ON |
| Confidence | high |
| Evidence | Secondary source only |
| Source | https://en.wikipedia.org/wiki/Economical_Insurance secondary source — registry check pending “The Definity Insurance Company, operating as Economical Insurance, is a Canadian insurer with parent Definity Financial Corporation and headquarters in Waterloo, Ontario.” Verdicts are only marked verified once a government registry record or corporate filing confirms them. |
More Canadian brands in Financial Services
Every brand below is listed as Canadian-owned in our registry.
| Brand | Category | HQ Location | Ownership Check |
|---|---|---|---|
| Belairdirect | insurance | Montreal, QC | View ownership → |
| Belairdirect Insurance | Insurance | Montreal, QC | View ownership → |
| Beneva | Insurance | Quebec City, Quebec | View ownership → |
| Beneva / Gore Mutual | Insurance | Montreal, QC | View ownership → |
| BMO Insurance | Insurance | Toronto, Ontario | View ownership → |
| Canada Life | Insurance | Toronto, Ontario | View ownership → |
Spotted something wrong? Ownership changes all the time — report a correction and we'll re-check the records.