All the headlines from our Canada Topic Page, ordered by recency.
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...
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...
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...
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...
May 8 2023 // Wildfires raging across western Canada forced the evacuation of 30,000 residents and cut at least 234,000 barrels a day of oil and gas production as companies shut down wells and pipelines.A total of 100 blazes were...
Apr 21 2023 // A potential downturn in Canada’s housing market and adjusting to rapid increases in interest rates are among the biggest risks to Canada’s financial system this fiscal year, the country’s financial...
Apr 19 2023 // Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act.Hyundai Auto Canada failed to send out notices of safety...
Apr 19 2023 // Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday.Cormier said the...
Mar 27 2023 // HDI Global Specialty SE (HDI) has launched a new insurance platform in Canada which delivers general aviation policies to brokers in minutes.The platform, called “Aviation IQ” delivers end-to-end digital...
Mar 21 2023 // Canada’s federal government is stepping up environmental oversight in Alberta’s oil sands after Imperial Oil Ltd. and the provincial regulator were slow to report toxic spills.Environment Minister Steven...
Mar 8 2023 // Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose climate risks.Financial firms will need to release climate-related...
Mar 3 2023 // Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection.The social media app, which is owned by China’s ByteDance Ltd., will be...
Feb 3 2023 // The hacking group behind a cyberattack against the software firm ION Trading UK has recently conducted a series of breaches throughout the world, with its victims including the UK’s postal service and local...
Feb 2 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS); Berkshire Hathaway Specialty Insurance (BHSI), and HDI Global Specialty.A summary of these new hires...
Feb 1 2023 // Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada.He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and...
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1.Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
Jan 6 2023 // Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ).Hurricane...
Dec 12 2022 // Lloyd’s Elects Aon’s Dudley as Council Member, Succeeding ChristianLloyd’s of London, the commercial insurance and reinsurance marketplace, has elected Richard Dudley to the Council of Lloyd’s,...
Oct 19 2022 // Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted initial estimates from Catastrophe Indices and Quantification...
Oct 14 2022 // This edition of International People Moves details appointments at NFP, Miller and Liberty Global Transaction SolutionsA summary of these new hires follows here. NFP Hires Pelaez for Management and Professional Liability...