Municipality looking into selling Sun Life Financial shares and putting money into contingency fund

The Municipality of North Grenville is considering the sale of shares in Sun Life Financial to put the money into a contingency reserve. The shares were acquired pre-amalgamation by the Township of Oxford-on-Rideau. Sun Life clients were issued shares when the company became publicly traded. The 181 shares are valued at just over $7,000 right now. The money would be put in a reserve to be used for unanticipated legal and human resource costs.