Latest Canada Headlines

All the headlines from our Canada Topic Page, ordered by recency.

Canada Employers Shed Unvaccinated Workers With Legal Challenges Expected

Nov 4 2021 // OTTAWA – Canadian employers are firing or putting on unpaid leave thousands of workers who refused to get COVID-19 shots, squeezing an already tight labor market and raising prospects of potentially disruptive legal...

Hub International Acquires Canadian Employee Benefits Broker Rogersworks Inc.

Oct 18 2021 // Hub International Ltd., the Chicago-based global insurance brokerage and financial services firm, announced it has acquired the assets of Rogersworks Inc.Financial details of the transaction were not disclosed. Located in...

Hub International Acquires Quebec’s H.W. Hollinger (Canada)

Oct 8 2021 // Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc.Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada,...

Hub International Completes Purchase of Canada’s National Home Warranty Group

Oct 7 2021 // Hub International Ltd., a Chicago-based broker and financial services firm, announced it has completed the acquisition of the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc.Terms...

Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M

Sep 24 2021 // Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in insured damage, while the August wildfire, in White Rock Lake, British Columbia, is now estimated...

HSB Canada Introduces Cyber Coverage for Small Businesses

Sep 22 2021 // HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed to protect small and medium-size businesses from cyber-attacks, data breaches, identity...

Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada

Sep 20 2021 // Foxquilt, a Toronto-based insurtech, announced it has raised an $8 million financing round led by Luge Capital with participation from AmTrust Financial, Extreme Venture Partners and Side Door Ventures.The new capital will...

Canada Permits TC Energy to Keep Insurers Secret From Pipeline Activists

Sep 15 2021 // TC Energy Corp. is the latest Canadian pipeline company allowed to keep its insurers confidential as activist groups push firms to drop business with the fossil fuels industry.The Canada Energy Regulator ruled that the...

Uber Proposes Gig Industry Benefits Model in Canada

Aug 31 2021 // Uber Technologies Inc. on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share data on workers’ hours and...

More Canadian Businesses to Introduce Vaccine Mandates for Employees: Minister

Aug 26 2021 // More Canadian businesses will introduce COVID-19 vaccine mandates for their employees to safely return to the office amidst a growing fourth wave, the minister in charge of procuring inoculations said in an...

Canada’s Ruling Party Plans Tax Hike for Big Insurers, Banks to Fund COVID Recovery

Aug 26 2021 // OTTAWA – Canada’s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most profitable banks and insurers to help pay for the cost of the COVID-19 recovery.The Liberals...

Hub International Agrees to Buy Aviva Canada Unit, National Home Warranty Group

Aug 24 2021 // Hub International Ltd., the Chicago-based insurance broker, announced that it has signed a purchase agreement to acquire the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc.Terms...

Canada’s Five Biggest Banks to Require Their Employees to Be Fully Vaccinated

Aug 23 2021 // TORONTO – Canada’s five biggest banks are mandating that employees working from their offices must be fully vaccinated against COVID-19 this fall, taking a firmer stance than some of their U.S. counterparts and...

Willis Towers Watson Promotes Mead to Canadian Property/Casualty Broking Leader

Aug 20 2021 // Insurance broker Willis Towers Watson announced that Kate Mead is the new head of its Canadian property/casualty broking team.Previously Willis Towers Watson’s practice leader for the Midwest, Northeast U.S. &...

People Moves: Carpenter Names Willis Re’s Harden President of APAC; HUB Appoints Stait to Lead Canada Cannabis Specialty; Riega Is Fidelis’ Head of Sustainability

Aug 16 2021 // This edition of International People Moves details appointments at Guy Carpenter, HUB International and Fidelis Insurance.A summary of these new hires follows here. Guy Carpenter Names Willis Re’s Harden as President...

Insurance Becomes Top Operating Cost Concern for Small Canadian Firms: Survey

Aug 11 2021 // Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their premiums have gone up since the beginning of the year, according to the Canadian Federation of...

Targets of Canada’s New Sanctions on Belarus Include Insurance

Aug 9 2021 // Canada, acting with the United States and Britain, imposed new sanctions on Belarus on Monday to protest against what it called gross violations of human rights under President Alexander Lukashenko.Foreign Minister Marc...

McLarens Acquires Canadian Loss Adjusting Firm MGB Claims Consultants

Aug 4 2021 // McLarens, the Atlanta-based independent insurance services provider, announced the acquisition of MGB Claims Consultants Inc., a complex commercial claims adjusting firm in Canada.Financial terms of the transaction were...

NFP in Canada and Aviation Broker Piiq Risk Form Exclusive Partnership

Jul 28 2021 // NFP, a New York-based insurance broker and consultant, announced the formation of an exclusive strategic partnership in Canada with aviation re/insurance broker Piiq Risk Partners.The NFP Complex Risk Solutions Group will...

Chubb Canada Launches Hub for General Aviation and Non-Major Aerospace Insurance

Jul 23 2021 // Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business.The Canadian Aviation hub is part of a new regional focus for the aviation team...