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Stocks in play: Great-West Lifeco

Baystreet.ca

Said its Canada Life arm announced that it has entered into a strategic partnership with nesto, a leading Canadian digital mortgage company. As part of this partnership, the companies have reached an agreement to transfer the servicing and support of Canada Life's existing portfolio of residential mortgages to nesto. This follows Canada Life's decision in 2022 to withdraw from the residential mortgage market. Great-West Lifeco shares T.GWO are trading down $0.18 at $43.52.

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