Private company

Principal Group

Defunct group of Canadian financial companies

The Principal Group was a group of interrelated Canadian financial companies that collapsed in 1987, resulting in losses to an estimated 67,000 people. Losses were recovered in part through provincial governments paying compensation, based on findings as to deficiencies in regulatory oversight.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

The Principal Group was a group of interrelated Canadian financial companies that collapsed in 1987, resulting in losses to an estimated 67,000 people. Losses were recovered in part through provincial governments paying compensation, based on findings as to deficiencies in regulatory oversight.2

Sources

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