Canadian Underwriter

Topic Supply Chain

Picture of a pipeline in Alberta
News B.C.CommercialSupply Chain

Poilievre promises to build more pipelines, remove oil tanker ban in northern B.C.

March 4, 2022 by The Canadian Press

REGINA – Ottawa-area MP Pierre Poilievre says he would repeal what he calls Prime Minister Justin Trudeau’s “anti-energy” laws if he becomes the next leader of the Conservatives. Pierre told a campaign stop in Regina that if he becomes party

An above-ground section of Enbridge's Line 5
News EnvironmentalSupply Chain

Canada has existing options if Line 5 shuts down, environmental report argues

February 17, 2022 by James McCarten - THE CANADIAN PRESS

WASHINGTON – Viable alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down, says a new report from a Canadian environmental group looking to bridge the ideological gulf in the public debate over North America’s continuing

Man looking through an agreement
News CommercialLegalLiabilityOperationsSupply Chain

Indemnities can significantly increase the risk to your client

February 1, 2022 by Michael Carey

Corporations are increasingly using standard form agreements to conduct business with suppliers. If your client is faced with one, watch out for the inclusion of an unlimited indemnity. A standard form agreement provides several benefits to the corporation that drafts

'Omicron variant' written on test tube
News CommercialLoss ControlLoss TrendsPropertySupply Chain

Omicron variant raises uncertainty as companies downgrade forecasts  

February 1, 2022 by Christopher Reynolds - THE CANADIAN PRESS

The highly transmissible Omicron variant has prompted companies in the manufacturing and resource sectors to downgrade their earnings forecasts amid ongoing uncertainty linked to the COVID-19 pandemic.   Cascades Inc., the Quebec-based packaging and tissue company, said Monday it expects fourth-quarter

Face mask hanging on computer screen in empty office
News HRSupply ChainTrending

Returning to COVID-vacated offices comes with challenges

January 26, 2022 by Mark Cammisuli

Humans weren’t the only ones impacted by the pandemic. The buildings in which we work and live have been subjected to some neglect and we are likely to start seeing the effects of this as we return to our pre-pandemic

Magnifying glass looking at interest rates
News Emerging RisksInsurersLoss TrendsSupply Chain

Bank of Canada keeps key interest rate target on hold, but warns of looming hikes

January 26, 2022 by Jordan Press - THE CANADIAN PRESS

OTTAWA – The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent, but warning it won’t stay there for much longer. The trendsetting rate has been at its rock-bottom level since March 2020

News InsurersLoss TrendsSupply Chain

Annual inflation rate hits 30-year high, upping pressure on Bank of Canada

January 19, 2022 by Jordan Press - THE CANADIAN PRESS

OTTAWA – Headline inflation in Canada hit a 30-year high at the end 2021 with warnings from economists that the pace of price increases could rise even higher and stirring expectations of a central bank response before the month is

News Commercial AutoSupply Chain

Truckers say vaccine requirement for crossing border will exact economic toll

January 12, 2022 by Christopher Reynolds - THE CANADIAN PRESS

MONTREAL – Truckers are warning that a Jan. 15 deadline requiring them to be vaccinated in order to enter Canada will put additional strain on supply chains amid the latest COVID-19 surge and severe worker shortages. As of Saturday, truck

News B.C.CatastrophesClaimsCommercial AutoSupply Chain

Key B.C. highway reopens to truck traffic after flood damage; rebuilds supply chains

December 21, 2021 by The Canadian Press

VANCOUVER – British Columbia’s “hobbled” supply chains received a major boost with the reopening of the primary transport route for goods heading to and from Metro Vancouver, a spokesman for the trucking industry said. The Coquihalla Highway between Hope and

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialInsurersLegalLiabilityLoss TrendsPersonal HomePropertyRisk ManagersSupply Chain

Strata owner not liable for common-area water damage

December 14, 2021 by Greg Meckbach

A strata corporation can’t recover $25,000 towards water damage repairs originating from a unit owner’s broken toilet water supply line, the British Columba civil resolution tribunal has ruled. On June 23, 2019, water leaked out of a strata lot. The

News CommercialInsurersLegalLiabilityPropertySupply Chain

Product recall insurance demand to rise in 2022, lawyers predict

December 10, 2021 by Canadian Underwriter Staff

Complex global supply chains, inconsistent regulations across jurisdictions, adoption of automation and the COVID-19 pandemic, will lead to a rise in product recalls, two Borden Ladner and Gervais lawyers said in a recent blog. “We predict 2022 will see more

News AlbertaCommercialEnvironmentalSupply Chain

Canada on track to reduce fossil fuel use by 62% by 2050

December 10, 2021 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – A new forecast says Canada is on track for a significant reduction in fossil fuel use by 2050, even as electricity demand grows and demand for crude oil continues. In a new report on long-term Canadian energy supply