Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report
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...
Oil-Sands Capital of Canada Now Grappling With Second Wildfire
May 16 2024 // The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3...
Canadian Crews Battle Wildfire Threatening Remote Western Town
May 14 2024 // Firefighters on Monday battled a large wildfire heading towards a remote western Canadian town as winds and tinder dry conditions threatened to spread the flames further, a provincial minister said. The largely evacuated...
Western Canada Wildfires Prompt Evacuations, Air Quality Warnings
May 13 2024 // The season’s first major wildfires have spread to roughly 10,000 hectares (24,710 acres) across Western Canada on Sunday as authorities issued an evacuation order for a community in British Columbia and warned of...
Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.
May 9 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne...
Canada’s London Drugs Shuts Pharmacies After Cyber Incident
Apr 29 2024 // Pharmacy chain London Drugs Ltd. shut dozens of stores in western Canada on Sunday following a cyber incident. The chain discovered it was the victim of a cybersecurity incident on Sunday, a representative said by email,...
Wildfires in Canada’s Oil Sands Region Prompts Evacuation Orders
Apr 23 2024 // Wildfires erupted across Canada’s main oil producing province of Alberta and an evacuation order was issued as the region braces for a repeat of last year’s unprecedented season. Members of the indigenous first...
‘Zombie Fires’ Smoldering Near Oil and Gas Wells Threaten Canada’s Drillers
Apr 16 2024 // Leftover blazes from last year’s record wildfire season in Canada are threatening to knock out almost 3% of the country’s natural gas production. A total of 50 so-called zombie fires still smoldering beneath...
People Moves: Aon’s Re Solutions Promotes Sapra as CEO, India; BHSI Names du Ché as France Country Mgr; AXIS Canada Launches EIL Unit, Led by Liberty Mutual’s Nagata
Apr 15 2024 // This edition of International People Moves details appointments at Aon, Berkshire Hathaway Specialty Insurance (BHSI) and AXIS Capital Holdings. A summary of these new hires follows here. Aon Promotes Sapra as CEO of...
Drought, Heat Raise Risk of Repeat of Canada’s Record-Breaking Wildfires of 2023
Apr 12 2024 // Canada’s emergency preparedness minister warned Wednesday the country’s wildfire season could be more explosive than last year when it led to unprecedented smoke conditions across much of the country and into...
Suncor’s Syncrude Canada to Pay C$390,000 After Worker Fatality
Apr 9 2024 // Oil sands producer Syncrude Canada, majority-owned by Suncor Energy, will pay C$390,000 ($287,187.04) after pleading guilty to a health and safety charge relating to the death of a worker on one of its sites in June 2021,...
People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA
Apr 4 2024 // This edition of International People Moves details appointments at HSB Canada and Canopius Group. A summary of these new hires follows here. HSB Canada announced the appointment of Barbara Bellissimo as president and chief...
Canadian School Boards Sue Social Media Giants for Over C$4B in Damages
Apr 1 2024 // Four Canadian school boards have sought more than C$4 billion ($2.96 billion) in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students. The products are...
Canada’s Desjardins Acquires Insurance Company of Prince Edward Island
Mar 27 2024 // Canada-based Desjardins, through its subsidiary Desjardins General Insurance Group Inc., and ICPEI Holdings Inc. announced they have entered into definitive agreements for Desjardins to indirectly acquire all of...
Fires From 2023, Smoldering Under Snow, Reveal Canada’s Dangerous New Reality
Mar 27 2024 // As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year...
Amynta Group Completes Acquisition of Canadian MGU, Sutton Special Risk
Mar 12 2024 // Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and...
Hub Int’l Acquires Canada Employee Benefits Specialist Zavitz Insurance and Wealth
Mar 7 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc. Terms of the transaction were not disclosed. Located in London, Ontario,...
People Moves: Marsh McLennan Names Liston US, Canada Chief Commercial Officer
Mar 1 2024 // Marsh McLennan, headquartered in New York, appointed David Liston as U.S. and Canada chief commercial officer (CCO) effective immediately. Liston previously served as Marsh U.S. and Canada corporate segment leader, and...
Canada’s Co-operators Enters Home-Services Business With Carson Dunlop Purchase
Feb 16 2024 // Co-operators Financial Services Ltd. announced the acquisition of the parent company of Carson Dunlop & Associates Ltd., a consulting engineering firm that provides advice to help homeowners make better, more informed...
Canadian Insurer Fairfax Denies Allegations of Asset Value Manipulation
Feb 13 2024 // Fairfax Financial on Monday denied allegations by Muddy Waters Research that the Canadian insurer was manipulating asset values, saying the short-seller’s report was “false and misleading.” The detailed...
