After undergoing actuarial review, two possible flood insurance models are the “most promising” for private-public engagement within the upcoming national flood insurance program, a federal government official suggests. One model is based on a pool for high-risk homeowners, among…
Residential flood insurance should be available and affordable and the government should provide a backstop without being an “insurer of first resort,” the Insurance Brokers Association of Canada said in a document released this week. Personal flood insurance “must be…
The Alberta government announced on Monday that it has appointed a task force to provide recommendations on targeting investments in climate technology to help transition to a lower-carbon economy. As part of Alberta’s Climate Leadership Plan, the government will phase…