GCG Guardian Capital Group Ltd

Guardian Capital Group Limited (Guardian) (TSX:GCG)(TSX:GCG.A) announced today
that its subsidiary, IDC Worldsource Insurance Network Inc. (IDCWIN), has
purchased the life insurance Managing General Agency (MGA) business of Strategic
Brokerage Services LP (SBS), an MGA based in Calgary, Alberta. The transaction
also includes the business of the associated firm, SBS West LP, located in
Langley, British Columbia.


The acquisition continues IDCWIN's growth and expansion as one of Canada's
leading MGAs. IDCWIN will join forces with SBS advisors and employees to
strengthen its presence in the Prairies and British Columbia. Kelly Smith,
formerly Vice-President of SBS, has been appointed Vice-President of Business
Development for the Prairie Region of IDCWIN.


"IDC Worldsource is excited to have the advisors and employees of SBS join our
company", said Paul Brown, the Chairman and CEO of IDCWIN. "This transaction
gives us a strong foothold in Alberta, with the ability to grow our business
throughout Western Canada."


George Mavroudis, President and CEO of Guardian, said: "We are pleased that this
acquisition in Western Canada further adds to IDCWIN's national presence, and
continues its ability to be a profitable contributor to Guardian's overall
growth objectives."


The integration of SBS will add $400 Million of segregated fund assets to
IDCWIN, and increase new first year insurance premium to in excess of $45
Million in 2012.


About Guardian Capital Group Limited

Guardian is a diversified financial services company founded in 1962, and
celebrating its 50th year in business. Guardian provides institutional and
private wealth investment management services; provides financial services to
international investors; and provides services to financial advisors in its
national mutual fund dealer, securities dealer, and managing general agency. Its
Common and Class A shares are listed on The Toronto Stock Exchange.


About IDC Worldsource Insurance Network Inc.

IDCWIN is a leading national managing general agency and part of the Worldsource
Wealth Management (WWM) group of companies, an integrated national financial
advisory platform serving the needs of independent advisors. WWM is
headquartered in Markham, Ontario, and has approximately $10 billion in assets
under administration. WWM is a wholly-owned subsidiary of Guardian Capital Group
Limited.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Guardian Capital Group Limited
George Mavroudis
President & Chief Executive Officer
(416) 364-8341


Guardian Capital Group Limited
Vern Christensen
Senior Vice President Finance
(416) 947-4093

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