It is easier for Canadian insurance companies to bring in adjusters from the United States than to move Canadian adjusters from one province to another, due in part of the North American Free Trade Agreement (NAFTA), speakers said at the…
With the lion’s share of Canadian insurers’ reinsurance coming from outside of Canada, protectionism in the insurance space would not be good for consumers, a lawyer told Canadian Underwriter last week. Some nations – including Thailand, India, China – have…
Uncertainty over the 24-year-old North American Free Trade agreement is probably discouraging some investment in Ontario, the province’s auditor general suggested in a report released Wednesday. Uncertainty over NAFTA is “almost certainly causing at least a temporary chilling effect on…
NAFTA’s potential collapse is a huge risk for Canadian exporters. In the absence of an insurance solution, risk managers can show their value by planning creative strategies for a trade disaster scenario.
With Canadian companies facing the prospect of new tariffs for exports to the United States, the uncertainty over the North American Free Trade Agreement should be “front and centre” for risk managers, a KPMG expert told Canadian Underwriter Thursday. “You…
OTTAWA – The economy’s impressive run prompted the Bank of Canada to raise its trend-setting interest rate Wednesday for the third time since last summer – but looking ahead it warned of growing uncertainties about NAFTA. The central bank pointed…
CALGARY – TransCanada has been granted a presidential permit from the U.S. State Department that allows it to move forward on building the long-delayed Keystone XL pipeline, the latest turn in fortunes for the controversial project. In granting the permit,…
Canada is expected to witness a slower pick-up in business investment until a clearer picture develops on recent developments around credit conditions south of the border, including the influence of the outcome of the recent U.S. election, suggests a briefing…