News
OTTAWA – A federal task force says Canada’s transportation supply chain is approaching its “breaking point” and urgent action from both government and industry is needed to keep goods flowing. The National Supply Chain Task Force makes 21 recommendations in its final report released today that are intended to address the delays and economic pressure […]
By Jason Contant | October 6, 2022
1 min read
Profitable insurance companies mean stable and reliable protection for insureds during a time of uncertainty, industry execs say
By David Gambrill | September 21, 2022
4 min read
“It's similar to the beginning of the pandemic when there was a shortage of toilet paper,” says Darren Tasker, head of energy & construction at Allianz Global Corporate & Specialty Americas. “Companies have pivoted from a ‘just in time’ model to a ‘just in case’ model, which is even causing further strain on the supplies.”
By Alyssa DiSabatino | September 19, 2022
3 min read
The Transportation Safety Board says a 2019 train collision and derailment west of Winnipeg was the result of crew fatigue and inexperience and has made recommendations to prevent similar accidents in the future. “If Transport Canada and the railway industry do not act more quickly to implement physical fail-safe defences to reduce the consequences of […]
By Alyssa DiSabatino | August 26, 2022
TD Bank Group followed several of its peers in reporting a profit drop for the third quarter as banks set aside funds for a potential recession ahead, even as loans continued to grow and consumer savings rates remained elevated. The return to climbing provisions for credit losses, which are counted against income, has been one […]
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. In the spring of 2017, the public spectacle over the now infamous Fyre Festival seemingly broke the Internet. Since then, several movies and dozens of articles […]
By Alyssa DiSabatino | August 25, 2022
Canada’s solvency regulator is seeking comment on its proposed approach for regulating P&C insurers' cryptocurrency risk exposure.
By David Gambrill | August 22, 2022
Navacord Corp. has completed its 15th M&A deal of the year, this one involving a large commercial brokerage known for its risk management expertise with automotive dealerships. Navacord’s latest partnership is with Ottawa-based Binks Insurance Brokers Limited. Founded in 1918, Binks is a multi-generational commercial brokerage known for its risk management expertise with automotive dealerships […]
By Jason Contant | July 26, 2022
2 min read
Québec businesses are more likely to prioritize business interruption and environmental risks than their counterparts in the rest of the country, according to a new report by Aviva. However, both Québec and the rest of Canada are equally keen on risk management, the survey finds. Business interruption risks ranked first among the concerns of Québec […]
By Alyssa DiSabatino | July 12, 2022
ST. JOHN’S, N.L. – Newfoundland and Labrador’s offshore oil regulator is laying charges in connection with a 2019 oil spill in the Hibernia field, which sits about 315 kilometres off the coast of St. John’s. The Canada-Newfoundland and Labrador Offshore Petroleum Board says it charged Hibernia Management and Development Company with three offences related to […]
By Jason Contant | July 6, 2022
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
