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Office of the Auditor General

News CatastrophesInsuranceMergers and Aqcuisitions

Ontario environment ministry ‘does not always require financial security’ from organizations at high risk of pollution: Auditor General

December 1, 2016 by Canadian Underwriter

Organizations undertaking activities with high risk of pollution in Ontario are often not required to provide financial security to ensure funds are available later for clean-up costs, the province’s auditor general warned in her annual report released Wednesday. Meanwhile, the

News InsuranceLegislation / Regulation

Health Canada ‘slow to respond’ to reports of prohibited substances in personal hygiene products: Auditor General report

June 1, 2016 by Canadian Underwriter

The federal health department “cannot assure consumers” that cosmetic products comply with the nation’s Food and Drugs Act, and vendors of such products are not required to disclose chemical components, a recent auditor-general’s report suggested. “Health Canada should inform consumers

News CatastrophesClimate ChangeInsurance

National model building code should account for anticipated climate change: Auditor General report

May 31, 2016 by Canadian Underwriter

Canada’s federal environment and climate change department “should work with partners” to figure out how to produce data used to measure intensity, duration and frequency of storms, and the National Research Council should “incorporate climate change trends” when developing structural

News Insurance

VIA Rail safety management system “not yet” fully integrated into corporate risk management system: Auditor General of Canada

May 3, 2016 by Canadian Underwriter

Passenger train operator VIA Rail Canada Inc. has not yet “fully integrated” its safety management system into its corporate risk management system, but the crown corporation has implemented mitigation measures for most of its risks, the Auditor General of Canada