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    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags/>
      <filer>
        <credentials>
          <cik>0001640951</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>06-30-2022</periodOfReport>
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    <coverPage>
      <reportCalendarOrQuarter>06-30-2022</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>Empire Life Investments Inc.</name>
        <address>
          <ns1:street1>165 University Ave 9th floor</ns1:street1>
          <ns1:city>Toronto</ns1:city>
          <ns1:stateOrCountry>A6</ns1:stateOrCountry>
          <ns1:zipCode>M5H3B8</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-17965</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>Richard B. Carty</name>
      <title>General Counsel</title>
      <phone>1-877-548-1881</phone>
      <signature>/s/ Richard B. Carty</signature>
      <city>Toronto</city>
      <stateOrCountry>A6</stateOrCountry>
      <signatureDate>07-25-2022</signatureDate>
    </signatureBlock>
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      <tableEntryTotal>101</tableEntryTotal>
      <tableValueTotal>1386824</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
      <otherManagers2Info>
        <otherManager2>
          <sequenceNumber>1</sequenceNumber>
          <otherManager>
            <form13FFileNumber>028-17898</form13FFileNumber>
            <name>E-L Financial Corp Ltd</name>
          </otherManager>
        </otherManager2>
      </otherManagers2Info>
    </summaryPage>
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