Deal makes Desjardins Group the second-largest P&C provider in Canada
Returns on Canadian savings and pension plans will be weaker
Desjardins Capital Markets has joined the country’s top dealers in the fixed-income space
Assets grow to $222.9 billion
New offerings for investors seeking tax-efficient investment solutions
Financial co-operative’s assets rise to $212 billion
65% of State Farm Canada’s business is concentrated in the Ontario auto insurance market
Caisse members can contribute to the capitalization of the financial co-operative
Agency holds Desjardins’ rating stable following announced purchase of State Farm Canada
Purchase includes State Farm Canada’s property and casualty and life insurance, Canadian mutual fund, loan and living benefits businesses