Sun Life launches $5 billion Commitment to Canadian Infrastructure Initiative

TORONTO, Sept. 11, 2026 /CNW/ -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced a Commitment to Canadian Infrastructure Initiative that will seek to deploy $5 billion over 5 years into investments that support Canada's economic growth and resilience, while delivering long-term returns. The investment capacity reflects Sun Life's role as a long-term institutional investor. As a global asset manager, Sun Life is well positioned to source and mobilize long-term institutional capital in support of Canadian infrastructure.

Through this commitment, Sun Life will direct capital toward opportunities aligned with market needs in support of a stronger, more resilient economy. These investments will help:

• Build critical infrastructure, including for digital technology, energy, and transportation and logistics.
• Create the conditions for sustainable economic expansion and long-term prosperity.
• Generate long-term value.

"Sun Life is proud to be a global asset management and insurance leader. At its core, the commitment we are announcing today underscores our belief that a stronger, more competitive Canada benefits everyone. And as one of the world's largest asset managers, we have an important role to play and we're proud to play it," said Kevin Strain, Sun Life's President and Chief Executive Officer. "Through our long-term investments, and asset management businesses, Sun Life is helping to build the infrastructure, businesses and communities that will support prosperity at home and abroad for generations to come."

As part of the commitment, Sun Life intends to deploy $1.5 billion over 5 years into Canadian infrastructure equity that will be overseen by SLC Management, Sun Life's global institutional alternatives asset manager, and originated, executed and managed by InfraRed Capital Partners, SLC Management's infrastructure investment manager. This part of the commitment relies on amendments to the Insurance Companies Act which would allow insurers to make equity investments in infrastructure.

"From energy and digital transformation to urbanization and economic development, the world's most important structural shifts happening around the globe require significant, patient capital. Infrastructure is uniquely positioned to deliver both long-term returns and positive societal impact, providing investors with predictable, long-term cash flows while financing assets that support communities, strengthen economies, and support resilience," said Tom Murphy, President of Sun Life Asset Management.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of certain securities laws, including the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements contained in this news release include statements (i) relating to Sun Life's investment commitment, including its strategy and expectations for such investments; (ii) that are predictive in nature or that depend upon or refer to future events or conditions, and (iii) that include words such as "intends", "expects", "will", "seek", and similar expressions. The forward-looking statements made in this news release are stated as at September 11, 2026, represent Sun Life's current expectations, estimates and projections regarding future events and are not historical facts. These statements are not a guarantee of future performance and involve assumptions and risks and uncertainties that are difficult to predict and can change as a result of many possible events or factors, not all of which are known to Sun Life or within its control. Sun Life's ability to achieve deployment of $1.5 billion over 5 years into Canadian infrastructure equity, is based on a number of assumptions and is subject to a number of factors, including amendments to the Insurance Companies Act.

Other assumptions and risks and uncertainties that could cause our actual results to differ materially from those expressed in or implied by the forward-looking statements in this news release are described further in Sun Life's management's discussion and analysis for the year ended December 31, 2025 under the headings "Risk Management" and "Forward-looking Statements", in the risk factors set out in Sun Life's annual information form for the year ended December 31, 2025 under the heading "Risk Factors", and in Sun Life's interim management's discussion and analysis for the quarter ended June 30, 2026 under the heading "Risk Management", in the other factors detailed in Sun Life's annual and interim financial statements and in Sun Life's other filings with Canadian and U.S. securities regulators, which are available for review at www.sedarplus.ca and www.sec.gov, respectively.

Sun Life does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this news release or to reflect the occurrence of unanticipated events, except as required by law.

About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2026, Sun Life had total assets under management of C$1.70 trillion. For more information, please visit sunlife.com. 

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars.

SOURCE Sun Life Financial Inc. - Financial News