Tuesday, April 28th5.7°C
25924

Sun Life to move HQ within Toronto to new financial district

TORONTO - Sun Life Financial will be moving its headquarters a few blocks from its current location to Toronto's new southern financial district.

The move is expected to happen in 2017, after construction of a new 35-storey tower is completed at an estimated cost of $375 million.

Sun Life's head office has been at the corner of University Avenue and and King Street in downtown Toronto for about 30 years.

It was previously based in Montreal, where Sun Life was founded and grew into an international insurance company.

The new Toronto location will be closer the waterfront, at One York Street, with Sun Life occupying about 10 floors.

The company will also retain its ownership interest in the 150 King St. W. building.

The Canadian Press


Read more Business News

25926


Recent Trending




Today's Market
S&P TSX15298.76-45.32
S&P CDNX692.60+2.50
DJIA17919.26-118.71
Nasdaq5021.20-39.04
S&P 5002097.42-11.50
CDN Dollar0.8305+0.0034
Gold1205.30+2.00
Oil56.90-0.09
Lumber253.80-2.40
Natural Gas2.505+0.015

 
Okanagan Companies
Pacific Safety0.105+0.025
Knighthawk0.010.00
QHR Technologies Inc1.43+0.03
Cantex0.03-0.01
Anavex Life Sciences0.367-0.028
Metalex Ventures0.095+0.000
Russel Metals27.19+0.14
Copper Mountain Mining1.25+0.00
Colorado Resources0.10+0.01
ReliaBrand Inc0.004-0.001
Sunrise Resources Ltd0.03-0.01
Mission Ready Services0.19-0.01
Decisive Dividend Corporation1.80+0.10

 



24910

FEATURED Property
2274066Fertile Hilltop w/Spectacular Views
$95,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Buy versus rent

Consider the top five reasons to buy versus rent: #5 Experience Freedom: Home ownership will free you from the ties that bind you to a landlord...no longer will you be dependent on someone else&rsq...


What's your score?

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answ...


Do you dare to dream?

Photo: Thinkstock.comI have never been able to understand why some people can only see as far ahead as the end of the current day. Instead of aiming for long term goals, they just wallow in their ever...

_



26069




Member of BC Press Council


25346