Manulife to be Exclusive Provider for Wal-Mart Canada

September 20, 2005 ( - Manulife Financial's Canadian Pension Operations has been given the administration and recordkeeping business for the Deferred Profit Sharing Plan and Group Registered Retirement Savings Plan for Wal-Mart Canada.

A Manulife press release notes that this business win means Manulife is now the exclusive provider for group benefits and group retirement savings programs for Wal-Mart Canada associates.

Wal-Mart has more than 60,000 associates across Canada, according to the news release. It is one of Canada’s largest employers.