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Government of Canada creates expert panel on climate change adaptation

August 29, 2017 by Canadian Underwriter

The Government of Canada announced on Tuesday that it is creating an expert panel on adapting to climate change. Minister of Environment and Climate Change, Catherine McKenna, announced the launch of the Expert Panel on Climate Change Adaptation and Resilience Results in a statement from Environment and Climate Change Canada (ECCC). The expert panel will advise the federal government on measuring progress on adaptation and climate resilience to better understand how federal, provincial and territorial adaptation efforts are building Canada’s resilience to climate change, for…

News Climate ChangeInsuranceLegislation / RegulationMergers and Aqcuisitions

Environment and Climate Change Canada releases technical paper on proposed federal carbon pricing options

May 19, 2017 by Canadian Underwriter

Environment and Climate Change Canada (ECCC) has released a technical paper outlining a proposed federal carbon pricing option for provinces that choose not to have their own system in place in 2018. A backgrounder from ECCC referenced the Pan-Canadian approach

News CatastrophesInsuranceMergers and Aqcuisitions

More than 220 evacuated from homes after Gatineau flooding

May 4, 2017 by Canadian Underwriter

Hundreds of people in Gatineau, Que. have been evacuated from their homes after heavy rainfall caused flooding. The City of Gatineau said in a statement that as of early Thursday morning, 223 people and 130 homes had been voluntarily evacuated.

News CatastrophesInsuranceMergers and Aqcuisitions

Ice jam causes minor flooding in N.B., water levels in Fredericton area to increase near flood stage

April 17, 2017 by Canadian Underwriter

An ice jam caused minor flooding on a residential street in the New Brunswick community of Middle River, the province’s Emergency Measures Organization (EMO) reported on Sunday. However, water levels have subsided after some residents were cut off from their

News Climate ChangeInsuranceMarkets / CoveragesTechnology

Government of Canada to develop clean fuel standard

November 28, 2016 by Canadian Underwriter

The Government of Canada announced on Friday that it will consult with provinces and territories, Indigenous peoples, industries and non-governmental organizations to develop a clean fuel standard. The standard would require reductions in the carbon footprints of the fuels supplied

News Climate ChangeInsurance

Canadians may not realize ‘magnitude of challenge’ in 2050 climate strategy

November 18, 2016 Bruce Cheadle - THE CANADIAN PRESS

OTTAWA – The federal government has released its long-term climate strategy with a caution that most Canadians – while sympathetic to the cause – don’t yet understand the “magnitude of the challenge.” The document suggests the country should find a

News Climate ChangeMarkets / Coverages

Canada, nearly 200 other countries agree to “phase down” hydrofluorocarbons

October 17, 2016 by Canadian Underwriter

Canada and the 196 other countries that are part of the Montreal Protocol on Substances that Deplete the Ozone Layer have agreed to phase down hydroflourocarbons (HFCs), greenhouse gases that can be hundreds to thousands of times more potent than

News CatastrophesInsuranceMarkets / Coverages

Manitoba issues flood watch advisory as heavy rain continues to fall

October 5, 2016 by Canadian Underwriter

The province Manitoba has issued a flood watch advisory as heavy rain continues to fall throughout the province. The Hydrologic Forecast Centre of Manitoba Infrastructure reported on Tuesday that a major storm system has moved into the southwestern, western, northern