Industry

Insurance premium tax exemption for B.C. First Nation with no reserve

Qayqayt First Nation in B.C., which purchased a surety bond from a U.K. insurer as collateral for a bank loan to fund a legal action against the Crown for taking away its land, does not have to pay tax on the unlicensed insurance because of an exemption for “personal property situated on a reserve.” The […]

By David Gambrill | November 4, 2022

4 min read

Aviva Canada adds transformation strategists to its board

Aviva Canada has appointed key strategists in digital and company transformation, Monika Federau and Bill Bloom, to its board. “We are pleased to welcome Monika and Bill to the Aviva Canada board as we continue to invest in digital and innovative technologies and build engaging broker and customer experiences,” Aviva Canada CEO Jason Storah said […]

By David Gambrill | November 4, 2022

1 min read

Addressing supply issues not substitute for rate hikes, says Bank of Canada official

OTTAWA – Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary pressures but such policies wouldn’t substitute the need for higher interest rates. Rogers and Bank of Canada governor Tiff Macklem appeared before the Senate banking committee Tuesday evening and responded to questions from senators about the bank’s […]

By Jason Contant | November 2, 2022

2 min read

Paw-sitively busy times for Canadian pet insurers

It’s official — everyone and their dogs are announcing pet insurance mergers, acquisitions and partnerships. It started two days ago, when Fairfax Financial Holdings Ltd. completed the US$1.4-billion sale of its interests in Crum & Forster Pet Insurance Group and Pethealth Inc. to Independence Pet Group (IPG) and certain of its affiliates. And it continues […]

By David Gambrill | November 2, 2022

2 min read