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The Canadian Fraternal Association (CFA) was (see: https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=3091741) a trade association based in
Waterloo, Ontario Waterloo is a city in the Canadian province of Ontario. It is one of three cities in the Regional Municipality of Waterloo (formerly Waterloo County). Waterloo is situated about west-southwest of Toronto. Due to the close proximity of the c ...
, for fraternal
benefit societies A benefit society, fraternal benefit society, Fraternal order, fraternal benefit order, friendly society, or Mutual organization, mutual aid society is a society, an organization or a voluntary association formed to provide mutual aid (organizat ...
in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
which engaged in advocacy on their behalf as well as provided services.


History

Fraternal benefit societies became popular in Canada in the 1870s and 1880s, representing a quarter of all the insurance sold in Canada by the time the CFA was founded in 1891. The original goal of the Association was to promote the financial solvency of its members, a goal that became more important after federal and provincial governments passed laws that required them to adopt sounder actuarial policies in the first decade of the twentieth century. By 1979 fraternal benefit societies only represented two percent of all life insurance sold in Canada. Nevertheless, the eighteen fraternal orders that made up the CFA accounted for ninety percent of all Canadian frateranlists. The organization was founded in 1891, at which time nearly a quarter of all life insurance in Canada was sold by fraternal organizations. That percentage had declined by tenfold by 1997.
Alan Axelrod Alan Axelrod (born 1952) is a prolific author of history, business and management books. As of October 2018, he had written more than 150 books. Axelrod resides in Atlanta, Georgia. Axelrod received his doctorate in English from the University o ...
''International Encyclopedia of Secret Societies and Fraternal Orders'' New York; Facts on File, inc 1997 pp.44 It represents fraternal organizations with approximately 400,000 Canadian members. These fraternal organizations offer financial products and services such as insurance, savings and investment vehicles as well as educational programs, volunteer services and social activities.


See also

* American Fraternal Alliance


References


Further reading

* * * ; Former president of Canadian Fraternal Association * * ; of the Independent Order of Foresters (and
Orange Order The Loyal Orange Institution, commonly known as the Orange Order, is an international Protestant fraternal order based in Northern Ireland and primarily associated with Ulster Protestants, particularly those of Ulster Scots people, Ulster Sco ...
who was also the first president of the Canadian Fraternal Association. * ; Biography of insurance regulator who was called the "father of fraternalism in Ontario" at a 1910 meeting of the Canadian Fraternal Association.
Testimony of the Canadian Fraternal Association before the Banking Committee of the Senate of Canada
1891 establishments in Ontario Mutual organizations Organizations established in 1891 Organizations based in Ontario {{Canada-org-stub