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NAFTA

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The absurd effect of commerce law on claims adjusting

September 1, 2018 by Greg Meckbach

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

News InsuranceReinsurance

Why open reinsurance markets are best for Canada

April 30, 2018 by Greg Meckbach

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

News InsuranceMarkets / Coverages

Auditor’s report reinforces risk managers’ warnings about trade risk

April 26, 2018 Greg Meckbach, Associate Editor

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

Feature Legislation / Regulation

Canada’s uninsurable risk

April 3, 2018 Greg Meckbach, Associate Editor

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.

News InsuranceLegislation / RegulationMarkets / Coverages

Why risk managers need to watch NAFTA

March 26, 2018 by Greg Meckbach

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

News Earnings / RatingsInsuranceMarkets / Coverages

Bank of Canada hikes interest rate to 1.25%, cites strong economic data

January 17, 2018 Andy Blatchford - THE CANADIAN PRESS

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

News Climate ChangeConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

TransCanada gets U.S. State Department’s OK for Keystone XL pipeline

March 24, 2017 The Canadian Press

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,

News Earnings / Ratings

Policy uncertainty, rising rates pose credit risks in North America: S&P report

December 7, 2016 by Canadian Underwriter

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