Cancellation of Common Shares

Sun Life Fin.Services of Canada Inc
18 April 2001

Re: Cancellation of Common Shares Purchased Pursuant to 
    Sun Life Financial Services of Canada
    Normal Course Issuer Bid, May 15, 2000 - May 14, 2001

Further to my letter dated April 9, 2001, please note that Sun Life Financial
Services of Canada Inc. has cancelled, as of April 12, 2001, the 107,500 common
shares purchased during March, 2001 pursuant to its Normal Course Issuer Bid.