Last year was a strong year for the Canadian annuity market and the start of 2019 is looking promising as well, said Marie Desrochers, director of client relationships and defined benefit solutions at Sun Life Financial, speaking at a CI Institutional Investment Management event this week.

While official year-end numbers aren’t out for 2018, Sun Life estimates show annuity buy-ins and buyouts in Canada were around $4.7 billion. “So that’s a $1 billion jump from 2017,” she said.

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