Industry

Overnight snowstorm prompts provincewide cancellations in Nova Scotia

HALIFAX – Schools across Nova Scotia were closed today after an overnight snowstorm swept across the province, prompting flight cancellations at the Halifax airport and delays for public transit.   Snowfall and winter storm warnings remain in effect for every part of the province, except the extreme southwest corner, where the storm has already moved on.   Up to […]

By Jason Contant | December 9, 2021

1 min read

Here are the latest trends in insurance fraud

“Re-vinning” of stolen vehicles — where thieves steal a vehicle, put what appears to be a legitimate vehicle identification number (VIN) on the front dash and then sell it to an unsuspecting customer — is increasing as a fraud trend, Équité Association told Canadian Underwriter Tuesday. Équité Association released its list of Top 10 stolen […]

By Jason Contant | December 8, 2021

3 min read

Bank of Canada keeps key interest rate target on hold at 0.25%  

OTTAWA – Canada’s central bank has sent a warning that increases in the cost of living would continue into next year, but signalled it wasn’t yet prepared to pull its key lever to rein in inflation.   The annual pace of inflation in October rose to 4.7 per cent, a pandemic-era high and the fastest year-over-year gain in […]

By Jason Contant | December 8, 2021

3 min read

Loan program helps Manitobans get better traction

Clients telling you they can’t afford winter tires? Manitoba Public Insurance (MPI) administers a loan program to help get drivers the cash, and the traction, they need. Loan terms last up to four years at prime plus 2% and up to $2,000 per vehicle. Loan amounts average $1,246 and the average term is 2.9 years, […]

By Phil | December 7, 2021

2 min read