If you’re already enrolled in the Engineers Canada – sponsored Financial Security Program, you can find the investment options when you sign in to My Canada Life at Work.
Haven't enrolled yet?
Check out our enrolment page for step-by-step instructions.
Ready to manage your options?
Select your investments, name your beneficiaries and more.
For hands-off investing
Target Date
Think of Fidelity ClearPath® Retirement Portfolios as an investment option with your retirement year in mind. Just pick the target date fund that’s closest to the year you’d like to retire. Fidelity ClearPath® Retirement Portfolios
Target Risk
Choose a fund that that matches your comfort level of investment risk and take advantage of long-term growth opportunities. Selected by industry-leading professional investment managers, Canada Life Target Risk Asset Allocation Funds are a mix of different investments. They’re tailored to suit your needs and built to help protect your savings if the markets get rough. Asset allocation funds make investing simple by giving you a diversified portfolio in one fund.
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What risk are you comfortable with? |
What are you looking for from an investment? |
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The lowest risk possible while still being in the market |
Primarily for income with the potential for some growth |
You want to protect your investment’s value with the least risk available. |
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Potential gains with limited risk |
Income and some long-term growth potential but only comfortable with a small amount of risk |
You want to protect your investment’s value and are comfortable with low risk |
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Balanced
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Equal amount of risk and reward |
Balance between long-term growth with low to moderate risk |
You want a balance between generating income and protection from market ups and downs |
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Willing to accept risk for potential growth |
Invest for the long term with some income opportunity |
You’re comfortable with moderate risk but would like some protection from market ups and downs |
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Willing to take greater risk for greater reward |
Potential growth |
You’re comfortable with moderate to high risk if it means the potential for greater reward |
For hands-on investing
Our extensive investment menu gives you choices so you can create a diversified portfolio tailored to your goals and needs. You can select investment options based on your investment personality. Take the Investment personality questionnaire to determine your investment personality today.
If your investments consist of target date funds or target risk funds, these are automatically rebalanced by the fund manager on a regular basis. If you are managing your own portfolio, you can rebalance your investments on My Canada Life at Work. Learn more about portfolio rebalancing.
Investment instructions can be set online directly on My Canada Life at Work on the “Contributions” page. A paper form can also be found in the Info Centre. If you need help or investment advice, you can also book an appointment with a health and wealth consultant
If you need more information to choose your investments or understand how they work , you'll find it here. Here are some resources to help you choose and monitor your investments.
All investments have risk; just some have more risk than others. Manage your exposure by diversifying your investments across different levels of risk within your plan.
Description: Braelynn walks into her kitchen with a bag full of groceries. She sets them down on the counter.
Narrator: What kind of investor are you? Adventurous. Cautious. In between.
Description: She opens her cupboard and places three types of hot sauce on the shelf: hot, mild then medium in between.
Narrator: These are just some ways to express your comfort with investment risk.
Description: Camera zooms in on sauces.
Narrator: All investments have risk, some more than others.
Description: Cut to Braelynn, she stands and thinks.
Narrator: One way to reduce risk is through diversification.
Description: “Diversification” appears onscreen.
Narrator: That means spreading your money around in various investments.
Description: Cut to three pie graphs with investment graphics, each display a meter underneath to indicate a “Lower” or “Higher” amount of risk. Each graph is set to a low or medium level of risk.
Narrator: That way, if the market changes for one investment, you have other investments to keep you balanced.
Description: The investment in the middle becomes smaller and the risk level increases. The other two investments adjust to a lower risk to accommodate.
Narrator: If you think diversifying your investments is complicated, it doesn’t have to be.
Description: Camera pans down to reveal a large question mark, investments fall behind.
Narrator: This is where an asset allocation fund comes in.
Description: A pie graph of an asset allocation fund appears. Investment graphics surround the graph.
Narrator: An asset allocation fund automatically spreads your money amongst several funds, so they help manage risk.
Description: A dollar sign appears in the middle of the asset allocation fund. All investment graphics flip to show dollar signs.
Narrator: You can choose from two different types of asset allocation funds.
Description: Cut to two squares with text in each: “Target date funds” and “Target risk funds”. A cursor enters the frame and clicks on “Target date funds.”
Narrator: Target date funds are based on the year you expect to retire.
Description: A pie graph appears, labelled “Target date funds” with a counter below. The counter rolls to 2050.
Narrator: Target risk funds are based on your comfort with risk.
Description: Five pie graphs appear, labelled “Target risk funds.” A meter appears below to indicate a “Lower” or “Higher” amount of risk.
The graphs are arranged from low to high risk: “Conservative,” “Moderate,” “Balanced,” “Advanced” and “Aggressive.”
Narrator: Not sure how comfortable you are with risk?
Description: Cut to large question mark.
Narrator: Our investment personality questionnaire can help you figure that out.
Description: Cut to view of hands holding a tablet. The investment personality questionnaire is displayed.
Narrator: Now you can have a diversified investment portfolio that fits your needs and helps you reach your savings goals.
Description: Return to Braelynn in her kitchen, using the medium hot sauce to make dinner.
Narrator: Sign into GRS Access at canadalife.com
Description: Text “Sign into GRS Access at canadalife.com” appears with Canada Life logo and legal line: Canada Life and design are trademarks of The Canada Life Assurance Company. canadalife.com 1-800-724-3402.
Description: Braelynn walks into her kitchen with a bag full of groceries. She sets them down on the counter.
Narrator: What kind of investor are you? Adventurous. Cautious. In between.
Description: She opens her cupboard and places three types of hot sauce on the shelf: hot, mild then medium in between.
Narrator: These are just some ways to express your comfort with investment risk.
Description: Camera zooms in on sauces.
Narrator: All investments have risk, some more than others.
Description: Cut to Braelynn, she stands and thinks.
Narrator: One way to reduce risk is through diversification.
Description: “Diversification” appears onscreen.
Narrator: That means spreading your money around in various investments.
Description: Cut to three pie graphs with investment graphics, each display a meter underneath to indicate a “Lower” or “Higher” amount of risk. Each graph is set to a low or medium level of risk.
Narrator: That way, if the market changes for one investment, you have other investments to keep you balanced.
Description: The investment in the middle becomes smaller and the risk level increases. The other two investments adjust to a lower risk to accommodate.
Narrator: If you think diversifying your investments is complicated, it doesn’t have to be.
Description: Camera pans down to reveal a large question mark, investments fall behind.
Narrator: This is where an asset allocation fund comes in.
Description: A pie graph of an asset allocation fund appears. Investment graphics surround the graph.
Narrator: An asset allocation fund automatically spreads your money amongst several funds, so they help manage risk.
Description: A dollar sign appears in the middle of the asset allocation fund. All investment graphics flip to show dollar signs.
Narrator: You can choose from two different types of asset allocation funds.
Description: Cut to two squares with text in each: “Target date funds” and “Target risk funds”. A cursor enters the frame and clicks on “Target date funds.”
Narrator: Target date funds are based on the year you expect to retire.
Description: A pie graph appears, labelled “Target date funds” with a counter below. The counter rolls to 2050.
Narrator: Target risk funds are based on your comfort with risk.
Description: Five pie graphs appear, labelled “Target risk funds.” A meter appears below to indicate a “Lower” or “Higher” amount of risk.
The graphs are arranged from low to high risk: “Conservative,” “Moderate,” “Balanced,” “Advanced” and “Aggressive.”
Narrator: Not sure how comfortable you are with risk?
Description: Cut to large question mark.
Narrator: Our investment personality questionnaire can help you figure that out.
Description: Cut to view of hands holding a tablet. The investment personality questionnaire is displayed.
Narrator: Now you can have a diversified investment portfolio that fits your needs and helps you reach your savings goals.
Description: Return to Braelynn in her kitchen, using the medium hot sauce to make dinner.
Narrator: Sign into GRS Access at canadalife.com
Description: Text “Sign into GRS Access at canadalife.com” appears with Canada Life logo and legal line: Canada Life and design are trademarks of The Canada Life Assurance Company. canadalife.com 1-800-724-3402.
- Interested in enrolling but have questions?
- Already a participant but want investment advice, help consolidating assets, or need help with saving?