Latest Canada Headlines

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

Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected

Aug 21 2023 // Firefighters kept wildfires at bay near the capital of Canada`s Northwest Territories as well as a threatened city in British Columbia, though no one claimed victory as forecasters warned that drier and windier weather was...

Raging Wildfires Prompt Evacuation of Northern Canadian City, Yellowknife

Aug 18 2023 // Wildfires have forced an evacuation of Yellowknife, the capital of Canada’s Northwest Territories.Officials with the territorial government told residents in the highest-risk areas to evacuate immediately. Other...

People Moves: WTW Hires Bryce From Magnes for Personal Lines, Canada; Markel Taps PwC’s Feng as Warranty & Indemnity U/W; RSA Names Godfrey as Transformation Dir.

Aug 11 2023 // This edition of International People Moves details appointments at WTW, Markel and RSA Insurance.A summary of these new hires follows here. WTW Hires Bryce for Personal Lines, CanadaInsurance broker WTW announced the...

People Moves: Miller Taps Marsh’s Holloway as Head of Europe; HSB Canada Names Walker Chief Distribution Officer; HDI’s UK & Ireland Branch Announces Key Hires

Aug 2 2023 // This edition of International People Moves details appointments at Miller, HSB Canada and HDI Global.A summary of these new hires follows here. Miller Taps Marsh’s Holloway as Head of EuropeMiller, the London-based...

Canada Financial Regulator Proposes Capital Guidelines for Cryptoassets

Jul 27 2023 // Canada’s financial regulator on Wednesday proposed changes to its capital and liquidity approach to cryptoassets, citing a risky environment and in response to international banking standards.The Office of the...

Canada’s Wildfires Burn Record 25 Million Acres With No End in Sight

Jul 17 2023 // Canadian wildfires have scorched more than 10 million hectares (25 million acres) this summer, an area about the size of Iceland, with no end to the burning expected anytime soon.About 900 active fires were reported as of...

Canada Regulator Proposes Banks, Insurers Hold More Capital to Tackle Mortgage Risks

Jul 12 2023 // Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold more funds to better manage risks from a sharp rise in home loan...

People Moves: Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions; BMS Re Hires 3 for Fac Team; QBE Canada Hires Liberty Mutual’s Mason as U/W Mgr, Property

Jul 7 2023 // This edition of International People Moves details appointments at Swiss Re, BMS Re, and QBE Canada.A summary of these new hires follows here. Swiss Re Taps AGCS’s Shahkarami as Head P&C SolutionsSwiss Re has...

Canada’s Record Wildfire Season Set to Worsen as Heat Builds

Jul 7 2023 // Canada is bracing for higher-than-normal wildfire activity to continue into August, as soaring temperatures and drought turn much of the country’s vast forests into kindling.The Canada fire season, which normally...

Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance

Jun 30 2023 // McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement to acquire 100% of Drayden Insurance Ltd. for C$208 million...

Canadian Wildfires Are Causing Unhealthy Air Quality Again in Chicago, Other Parts of the US

Jun 29 2023 // CHICAGO (AP) – Drifting smoke from the ongoing wildfires across Canada is creating curtains of haze and raising air quality concerns throughout the Great Lakes region, and in parts of the central and eastern United...

Smoke from Canadian Wildfires Causes Unhealthy Air Quality in Minnesota

Jun 28 2023 // ST. PAUL, Minn. (AP) – Wildfire smoke from Canada promoted officials on Tuesday to issue a record 23rd air quality alert for much of Minnesota through late Wednesday night as smoky skies obscure the Minneapolis and...

Canada’s British Columbia Highway 99 Closed Due to Brush Fire

Jun 27 2023 // Canada’s British Columbia Highway 99 was closed in both directions on Monday due to a brush fire, the British Columbia Wildfire Services (BCWS) said in a post on Twitter.The brush fire broke out in southwest of Whyte...

Canada’s Explosive Wildfires Damage Forest Set Aside for Carbon Offset Project

Jun 26 2023 // Canada’s explosive wildfire season has already pumped millions of tons of carbon dioxide into the atmosphere. Some of that carbon is coming from vegetation burned at a carbon offset project, highlighting the...

Russia-Aligned Hackers Pose Threat to Canada Energy Sector, Spy Agency Says

Jun 23 2023 // Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday.The Communications Security...

Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices

Jun 13 2023 // Canada’s worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as housing construction has slowed due to higher...

Wildfires Force Miners to Halt Operations in Eastern Canada

Jun 7 2023 // Several mining companies have temporarily halted operations and exploration activities in eastern Canada as unprecedented wildfires rage.Iron Ore Co. of Canada, which is majority owned by Rio Tinto Group, is in the process...

Canada on Track to See Worst-Ever Wildfire Season

Jun 5 2023 // Canada is on track to see its worst-ever wildfire season in recorded history if the rate of land burned continues at the same pace.The country is experiencing an unprecedented amount of fire activity for this early in the...

Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties

Jun 1 2023 // A wildfire on Canada’s Atlantic coast has damaged about 200 houses and other structures and prompted the evacuation of 16,000 people, many of whom were eager to return Tuesday to see whether homes and pets had...

Cyber Attack Could Threaten Canada’s Overall Financial Stability: Central Bank

May 23 2023 // The Bank of Canada on Thursday [May 18] said it was worried that a major cyber attack on one part of the financial system could quickly spread and threaten overall financial stability.In an annual review of Canada’s...