All the headlines from our Canada Topic Page, ordered by recency.
Jul 26 2024 // A raging wildfire has devastated the western Canadian tourist town of Jasper, potentially destroying up to 50% of structures, and firefighters were trying Thursday to save as many buildings as possible, authorities...
Jul 24 2024 // Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak...
Jul 17 2024 // Air Canada may be forced to pay at least C$100 million ($73.2 million) to about 2,200 former workers after a Quebec court issued a ruling in their class-action lawsuit against the airline.The amount would cover lost wages,...
Jul 12 2024 // A ring of wildfires has erupted around Canada’s unofficial oil-sands capital of Fort McMurray, adding new threats to crude production from the world’s third-largest petroleum reserves.Eight out-of-control...
Jul 10 2024 // Canada’s top property and casualty insurers have invested more than C$19.5 billion ($14.30 billion) in fossil fuels production at a time when climate change is driving up risks for the industry, according to a report...
Jul 1 2024 // This edition of International People Moves details appointments at HDI Global and AXA XL.A summary of these new hires follows here. HDI Global Canada Promotes Navarrete to Managing DirectorHDI Global Canada announced the...
Jul 1 2024 // Multiple companies in the United States and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows.The report, Ransomware: A persistent challenge in...
Jun 26 2024 // A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said.“So (this is) very concerning,” Newfoundland and...
Jun 14 2024 // Multiple companies in the U.S. and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows.The report, Ransomware: A persistent challenge in cyber...
Jun 13 2024 // Canada’s largest school district is investigating a cyber incident, adding to a series of ransomware attacks that have caused disruptions to companies and public institutions in the country.The Toronto District...
Jun 11 2024 // Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that...
Jun 4 2024 // Fairfax India Holdings Corp. on Monday said Prem Watsa, popularly known as “Canada’s Warren Buffett,” will step down as the investment firm’s chairman.He will be replaced by his son Benjamin Watsa,...
Jun 3 2024 // Desjardins Group and The Insurance Company of Prince Edward Island (ICPEI) have confirmed that the transaction announced in March 2024 has closed.Financial details of the deal were not disclosed. With this acquisition,...
May 24 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and the software developer Broker Insights.BHSI Names Riley to Lead Casualty Business in Canada as DeSouza...
May 24 2024 // Canada released its first-ever cybersecurity strategy for federal government departments and agencies on Wednesday, with the aim of addressing challenges posed by remote work, cloud computing, aging infrastructure and...
May 23 2024 // Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc.Axis Insurance said it made its initial investment in Magnes in 2015. Financial details of the...
May 22 2024 // May 22, 2024 — Axis Insurance Managers Inc. (“Axis Insurance”) announced today that it has acquired The Magnes Group Inc. (“Magnes”). Axis Insurance made its initial investment in Magnes in...
May 21 2024 // Canada’s government is banning key-programming machines and other equipment used to steal cars, while implementing harsher penalties to combat a rising number of auto thefts across the country.Minister of Justice...
May 21 2024 // CFC, the London-based specialist managing general agent, announced the appointment of Kate Della Mora to the newly created role of CEO, CFC Canada.Della Mora’s appointment coincides with the launch of CFC’s...
May 17 2024 // More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday.WHY IT’S IMPORTANT Canada is one of the...