Thang_Test_13Feb_Testing_Course 1

Manulife was incorporated as "The Manufacturers Life Insurance Company" by Act of Parliament on June 23, 1887, and was headed by Canada's prime minister, John A. Macdonald, and Ontario's lieutenant-governor, Alexander Campbell (there were no conflict-of-interest guidelines at the time and it was not unusual for public persons to be involved in private industry).^[8] The idea for the company came from J. B. Carlile, who came to Canada as an agent for The North American Life Assurance Company.^[8] It was his firsthand experience on which the new company's product portfolio was based.^[9]