Canada’s top health official Theresa Tam has warned that COVID-19 cases in the country could jump in coming days, due to community spread of the Omicron variant. Concerns over the highly transmissible variant have spooked investors around the world and …
Canadian insurance broker Western Financial Group has acquired Wiesner Insurance Inc., a high-end full-service insurance brokerage located in southern Ontario. Originally founded in 1991 by Jason Wiesner, Wiesner Insurance Inc. is an independent brokerage serving customers in and around Brampton, …
SiriusPoint Ltd., the Bermuda-based global specialty insurer and reinsurer, has announced a strategic investment in PolicyMe Corp., a digital life insurance provider specializing in Canadian individual term life insurance. PolicyMe aims to modernize and improve the process of buying life …
Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund in the face of intense competition, people familiar with the matter said on Wednesday. …
Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday. The Communications Security Establishment (CSE), citing attacks on North American …
Hundreds of thousands of livestock have perished in floodwaters in Canada’s westernmost province, the British Columbia government said Thursday. Back-to-back deluges from atmospheric rivers have damaged major transport routes, forced evacuations and briefly isolated Canada’s biggest port. The agricultural region …
British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain storms and historic flooding. A so-called atmospheric river is threatening to dump more water on parts of the far west …
Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its newfound access to capital to expand through acquisitions, the firm’s top executive said. Chief Executive Officer Rowan Saunders said the …
CALGARY, Alberta – Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to climate change risks, as the province starts reconstruction work after last week’s devastating floods. Upgrades would include building longer bridges …
Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and possibly more destructive — because of climate change, scientists said. Columns in the atmosphere hundreds of miles long carry water …
