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How brokers are responding to Canada’s economic support announcement

March 18, 2020 by Adam Malik

The Insurance Brokers Association of Canada (IBAC) is welcoming the federal government’s announcement of a slew of measures to assist Canadian employees, consumers, and businesses throughout the COVID-19 pandemic. Prime Minister Justin Trudeau announced that the financial aid, worth about

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Changing climate patterns, nat cats affecting electrical grid, Swiss Re and Johns Hopkins study finds

July 25, 2017 by Canadian Underwriter

Changing climate patterns are putting additional strain on both power generation and transmission, and presenting another risk factor for natural disaster mitigation and recovery in North America’s Pacific Northwest region, suggests a new study from Swiss Re and the Johns

News Climate ChangeInsurance

As U.S. threatens withdrawal, feds still committed to Paris Accord, McKenna says

May 31, 2017 The Canadian Press

TORONTO – As the U.S. flirts with fleeing the Paris climate-change accord, Canada is aligning itself with the world’s other two largest economies to take a global leadership role on the effort to limit greenhouse gas emissions. Environment Minister Catherine

News CatastrophesInsuranceMergers and Aqcuisitions

Heavy rain likely to cause new or more flooding in Quebec and Ontario

May 5, 2017 Michelle McQuigge - THE CANADIAN PRESS

Persistent, steady rains soaking swaths of central and eastern Canada that have already endured record precipitation levels threatened to trigger widespread flooding Friday and put residents and governments on high alert. Environment Canada said a massive system is slowly drenching

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Federal, Ontario governments invest in Ford Canada centre focusing on connectivity

March 30, 2017 by Canadian Underwriter

Justin Trudeau has announced a joint federal and Ontario government investment in the Ford Motor Company of Canada, part of which will help establish a new research and engineering centre focusing on connectivity research and development. Prime Minister Justin Trudeau

News CatastrophesInsuranceMergers and Aqcuisitions

Saskatchewan government says Tundra Energy owns pipeline that leaked crude oil

January 27, 2017 The Canadian Press

STOUGHTON, Sask. – The Saskatchewan government says it has confirmed which pipeline leaked 200,000 litres of crude oil on First Nation farmland. It says it belongs to Calgary-based Tundra Energy Marketing Ltd. The company has been leading cleanup of the

News Climate ChangeInsuranceMarkets / Coverages

Alberta minister says province ‘still standing’ on Day 2 of carbon tax

January 3, 2017 Rob Drinkwater - THE CANADIAN PRESS

EDMONTON – Alberta Environment Minister Shannon Phillips said the province was “still standing” a day after its carbon tax took effect, and Albertans who opposed the levy could start seeing rebate cheques within days. But Opposition Wildrose critic Don MacIntyre

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BlackBerry creates autonomous vehicle innovation centre in Ottawa

December 20, 2016 by Canadian Underwriter

BlackBerry has announced the creation of the BlackBerry QNX Autonomous Vehicle Innovation Centre (AVIC). John Chen, executive chairman and CEO of BlackBerry Limited and Canadian Prime Minister Justin Trudeau unveiled AVIC on Monday. Housed within the BlackBerry QNX facility in

News Climate ChangeInsuranceLegislation / RegulationTechnology

PM hails national climate change deal, but without Saskatchewan, Manitoba

December 11, 2016 Bruce Cheadle - THE CANADIAN PRESS

OTTAWA – Prime Minister Justin Trudeau declared victory Friday in his campaign to craft a national “framework” agreement on climate change – even though Saskatchewan and Manitoba refused to sign on to the deal and British Columbia claimed a major

News Climate ChangeInsuranceTechnology

Saskatchewan Premier announces province’s climate change plan

October 18, 2016 by Canadian Underwriter

Saskatchewan Premier Brad Wall has released the province’s Climate Change White Paper, calling for adaptation and innovation instead of taxation on carbon. “There are three approaches we can take to fighting climate change – adaptation, innovation and taxation,” Wall said

News Climate ChangeInsuranceMarkets / Coverages

IBC applauds federal government’s approach to carbon pricing

October 4, 2016 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) has applauded the Government of Canada’s pan-Canadian approach to pricing carbon pollution. “IBC congratulates the government on today’s carbon pricing announcement,” IBC president and CEO Don Forgeron said in a statement on Monday. “Severe

News Climate ChangeInsuranceLegislation / Regulation

National carbon price to be $10 a tonne in 2018, $50 by 2022, Trudeau says

October 3, 2016 The Canadian Press

OTTAWA – Prime Minister Justin Trudeau has pre-empted climate change negotiations with Canada’s premiers, announcing that the federal government will impose a pan-Canadian floor price on carbon pollution. Trudeau revealed Monday his plan to reduce greenhouse gas emissions, starting in