All the headlines from our Canada Topic Page, ordered by recency.
Nov 16 2021 // OTTAWA/CALGARY, Alberta – Canada’s Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the province of British Columbia, the operating company said in a statement on...
Nov 12 2021 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada’s Foster Park Brokers Inc.Details of the transaction, which closed on Nov. 1, 2021, were not disclosed. Foster Park is...
Nov 9 2021 // Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., is seeking to raise C$1.25 billion ($1 billion) in an initial public offering, following in the footsteps of...
Nov 5 2021 // TORONTO – Canadian banks and insurers can resume dividend increases and share buybacks and raise executive compensation, the country’s financial regulator said on Thursday, lifting a moratorium it imposed in March...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. &...
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...
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...