Claims
Canada’s Minister of Public Safety and Emergency Preparedness, Ralph Goodale, has announced a new public awareness campaign called Flood Ready, aimed at increasing Canadians’ knowledge of flood risks. Goodale announced the campaign on Monday in a video message to participants gathered in Montreal for the Seventh Annual National Roundtable on Disaster Risk Reduction. Michel Picard, […]
By Canadian Underwriter | November 23, 2016
2 min read
Canada’s highest court will hear Tuesday arguments in favour of and against a two-part test – for imposing personal liability on a corporate director for “oppressive” corporate conduct – proposed by a director who was sued for nearly $4.7 million. Andrus Wilson is appealing a Quebec Court of Appeal ruling, released in 2015, which upheld […]
By Canadian Underwriter | November 22, 2016
4 min read
At least 14 people have been injured by a strong earthquake that struck off Japan’s northeast coast early Tuesday morning, the Associated Press has reported. The earthquake – registering between magnitude 6.9 and 7.4 – struck at about 6 a.m. local time on Nov. 22, 40 kilometres off the coast of Sendai, according to Dr. […]
TORONTO – Ontario’s environmental commissioner says the upcoming cap-and-trade program will not limit the province’s greenhouse gas emissions through to 2020. In a report released today, Dianne Saxe says that after Ontario’s system is linked with California and Quebec’s in 2018, it could often be cheaper for Ontario polluters to purchase California allowances. She says […]
By The Canadian Press | November 22, 2016
1 min read
Preparing Canada for an inevitable earthquake is a priority for the insurance industry, as this is recognized as a “national social and economic threat,” said Don Forgeron, president and CEO of the Insurance Bureau of Canada (IBC), in response to a recently released Conference Board of Canada report. Released on Tuesday, the report, Canada’s Earthquake […]
The Conference Board of Canada is echoing a recent recommendation by a former federal superintendent of financial institutions for Ottawa to consider adopting a last-resort, emergency back-stop mechanism for a catastrophic earthquake given the long-reaching, adverse effects that the event would have on the country’s economy. “A major earthquake in British Columbia could put the […]
7 min read
SAN FRANCISCO – It sounds like a great idea: Forget passwords, and instead lock your phone or computer with your fingerprint. It’s a convenient form of security – though it’s also perhaps not as safe as you’d think. In their rush to do away with problematic passwords, Apple, Microsoft and other tech companies are nudging […]
By Canadian Underwriter | November 21, 2016
The failure of a company to follow the Canada Business Corporations Act does not necessarily trigger an oppression remedy, the Supreme Court of Canada ruled in a divided decision released Friday. Section 241 of the Canada Business Corporations Act essentially lets a security holder, creditor, director or officer sue a corporation for conduct that is […]
6 min read
Alberta Human Services (AHS) said on Friday that it is contacting 86 Alberta Supports clients whose personal information was unaccountable for a 24-hour period. AHS said in a press release on Friday that as part of service delivery training for new Alberta Supports staff, a group of trainees were provided with snapshots of client information […]
OTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from sustainable sources by that time – up from 80 per cent now, Environment Minister Catherine […]
By The Canadian Press | November 21, 2016
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