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Canadian Exporters Inquire About Trade Credit Insurance as Trump’s Tariffs Raise Risk
Apr 11 2025 // A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their suppliers and customers due to U.S. President Donald Trump’s tariffs, insurers...
Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit
Mar 31 2025 // The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co. Roy and his 15-year-old son Justin...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million
Mar 19 2025 // Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million) — a decision the reinsurer made after a review of its investment...
Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits
Mar 7 2025 // A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American...
Hazardous Cargo Secured From Ship Grounded on Canada’s East Coast
Mar 4 2025 // The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company that manages the vessel. MSC Mediterranean Shipping Co. has also hired a salvage company and a...
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