iA and CTL

For several years now, Industrial Alliance (iA) has been an important business partner in the automotive industry. Aware of the constant evolution of our industry and concerned about adjusting our offer to the changing needs of our retail network, it is with pride that we announce the acquisition of CTL Corp. (CTL), a company dedicated to providing non-traditional automotive financing to Canadians looking to purchase a new or used vehicle.

Given that the demand in our network for such services is growing rapidly, we are pleased to expand our offerings to better answer the needs of our automobile retailers.

About CTL Corp.

Established in 2010, CTL provides finance solutions to automotive consumers who do not qualify for a traditional vehicle loan. Headquartered in Oakville, Ontario, CTL employs more than 60 full-time automotive finance professionals, operating in all 10 provinces. CTL’s finance solutions are tailored to customer needs, and serve the full spectrum of non-traditional credit. Operating with state-of-the-art loan origination and management systems, and together with a Responsible LendingTM philosophy, and customer first principles, CTL is a perfect match to iA’s corporate values.

About iA Financial Group

iA Financial Group is a business name and trademark under which Industrial Alliance Insurance and Financial Services Inc. operates in Canada and the United States. Founded in 1892, iA Financial Group offers life and health insurance products, mutual and segregated funds, savings and retirement plans, RRSPs, securities, auto and home insurance, mortgages and car loans and other financial products and services for both individuals and groups. It is one of the four largest life and health insurance companies in Canada and one of the largest publicly-traded companies in the country. iA Financial Group stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.

Luc Samson                                                                      Liliane Dubois

iA-SAL/iA-VAG                                                                  iA Trust inc.

Vice President, Sales and administration                              Vice President, Automotive Finance