Paasa Logo
Great-West Lifeco Inc. logo
GWO-PITSXMarket closedOpens 9:30am ET

Great-West Lifeco Inc.

CA$19.55Last updated
+CA$0.13 (0.67%)Past day
Timezone

Great-West Lifeco Inc. (TSX: GWO-PI) is trading at CA$19.55, about ₹1,323 at today's CAD/INR rate, as of 30 Sep 2026, 4:00 PM ET, up 0.67% today. Indian residents can buy Great-West Lifeco from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$19.67
Previous close:CA$19.42
Volume:17.85K

Today's low

CA$19.19

Today's high

CA$19.67

52 week low

CA$19.19

52 week high

CA$21.88

GWO-PI opened at CA$19.67, closed previously at CA$19.42, and has traded between CA$19.19 and CA$21.88 over the past 52 weeks.

About

Great-West Lifeco Inc. is a prominent financial services company with operations spanning Canada, the United States, and Europe. Its core business activities encompass life and health insurance, a wide range of retirement and investment solutions, comprehensive asset management, and reinsurance services. The company delivers an extensive portfolio of insurance products, including coverage for life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance. For individuals, families, businesses, and organizations, it provides wealth accumulation services, featuring savings plans, income-generating annuities, and other specialized financial offerings. In addition to individual solutions, Great-West Lifeco offers employer-sponsored retirement savings programs that include saving, investment, and advisory components. Its wealth management capabilities extend to payout annuities, equity release mortgages, various pension products, and investment opportunities. The firm also specializes in bulk and individual payout annuities, life bonds, and retirement drawdown options. Furthermore, the company offers extensive asset management services, catering to a diverse clientele such as pension schemes, insurance companies, wealth managers, fiduciary managers, sovereign wealth funds, and other institutional clients. Its reinsurance arm covers life, annuity/longevity, mortgage surety, and property catastrophe risks. Great-West Lifeco markets its solutions under recognized brands like Canada Life, Irish Life, and Empower. Distribution is facilitated through a broad network comprising sales forces, brokers, consultants, financial advisors, third-party administrators, financial institutions, dealers, managing general agencies, employee benefit consultants, banks, and multi-tied agents. Established in Winnipeg, Canada, in 1891, Great-West Lifeco Inc. functions as a subsidiary of Power Financial Corporation.

Country
CA
CEO
David Harney
Exchange listed on
TSX
Industry
Insurance - Life
Base currency
CAD
Full Time Employees
33,430
Sector
Financial Services
IPO date
29/08/2007

Key statistics

Avg. volume

3.18K

Market cap

CA$26.51B

P/E Ratio

18.42

Price-to-sales ratio

2.17

Enterprise value

CA$67.77B

Free cash flow yield

4.33%

Debt-to-equity ratio

0.29

Return on equity

13.80%

ROIC

0.49%

Beta

0.70

Dividend yield

2.92%

Last dividend

CA$1.13

Financial overview

Revenue

CA$39.10B

Earnings per share

CA$4.29

Free cash flow

CA$2.71B

Net profit margin

12.49%

Gross margin

42.74%

EBITDA

CA$5.64B

Revenue growth

12.62%

Similar securities

This is not an investment recommendation

How to buy Great-West Lifeco from India

Indian residents can buy Great-West Lifeco shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.

  3. Search for Great-West Lifeco and place an order

    Find Great-West Lifeco by name or by its ticker, GWO-PI, and choose an order type. Great-West Lifeco trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Great-West Lifeco position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying Great-West Lifeco from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. Great-West Lifeco’s current yield is 2.92%.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Great-West Lifeco stock?

Yes. Great-West Lifeco (GWO-PI) has been listed on the Toronto Stock Exchange since 2007, in the Insurance - Life industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Great-West Lifeco share cost in rupees?

One Great-West Lifeco share is CA$19.55 — about ₹1,323 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Great-West Lifeco price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Great-West Lifeco from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

How are gains on Great-West Lifeco shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Great-West Lifeco price. Paasa issues a capital-gains statement for your return.

Does Great-West Lifeco pay a dividend, and how is it taxed in India?

Yes. Great-West Lifeco pays a dividend and the current yield is 2.92%; the last declared dividend was CA$1.13 per share, about ₹76.10. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Great-West Lifeco from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Do I have to declare Great-West Lifeco shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Great-West Lifeco holding, its cost and its closing value.

How do I sell Great-West Lifeco and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.

Does the rupee rate affect what I make on Great-West Lifeco?

Yes. Great-West Lifeco is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.