Industry

Hardest-hit businesses call for extension of federal wage, rent

OTTAWA – The federal Liberals are facing calls from some of the hardest-hit businesses in the pandemic to use the coming budget to extend emergency relief programs beyond June, saying many will still need help even as the economy picks up. The government has targeted June 5 for an end to the federal wage and […]

By Jason Contant | March 24, 2021

3 min read

Hartford board rejects unsolicited takeover offer from Chubb

The Hartford Financial Services Group Inc. announced Tuesday its board of directors is not in favour of a US$23 billion takeover offer from Chubb Limited. Both Chubb and Hartford own Canadian property and casualty commercial insurers. Zurich, Switzerland-based Chubb announced Mar. 18 that it was offering to buy The Hartford for US$65 per share, a […]

By Greg Meckbach | March 24, 2021

2 min read

Collisions saw ‘drastic reduction’ last year

With road traffic down due to stay-at-home orders and business closures to prevent the spread of COVID-19, the frequency of auto collisions in Canada was halved at one point, according to a new report. But police data show the fatality rate actually went up, suggesting the crashes were more severe. In reviewing auto insurance trends […]

By Adam Malik | March 23, 2021

3 min read

The demographic suffering most during remote work

Very young workers at your brokerage or insurance company are the “overlooked demographic” that may be suffering the most as we pass the one-year anniversary of working from home during the pandemic, according to a recent survey from Microsoft Corp. Sixty percent of Gen Z workers — roughly those between the ages of 18 and […]

By Jason Contant | March 23, 2021

3 min read