The Government of Canada spent an estimated $17.9M in 2021-2022 on contracts with The Canada Life Assurance Company.
Across 8 contracts active since the start of the 2017-2018 fiscal year, 1 has at least one amendment (12%). Of contracts with amendments, the average increase in dollar value was 35% and the average number of amendments was 1. Cumulatively these amendments represent an increase of $15.1K over the original contract values.
The average contract duration was 1.85 years, and the average contract value (not including contracts under $10k) was $64.3M. The longest contract was 9.59 years. The largest contract by value (including amendments) was $514.5M.
