Industry

How brokers can help clients nip construction defects in the bud

Understanding proper storage and handling of materials can help your construction clients avoid a loss later down the road. Being able to identify material damaged by ultraviolet rays or weather is a key component of a construction risk management plan, says Paul Gallately, assistant vice president of risk control with Travelers Canada. This construction defect […]

By Jason Contant | April 5, 2022

3 min read

Oil and gas sector “cannot do business as usual”: Environment Minister

OTTAWA – Environment Minister Steven Guilbeault says a new report from the United Nations’ climate agency shows the oil and gas sector “cannot do business as usual” even as the government is still considering approving a massive new offshore oil production project. The Intergovernmental Panel on Climate Change urges more aggressive cuts to greenhouse-gas emissions […]

By The Canadian Press | April 5, 2022

2 min read

Try this strategy for better employee retention

One underrated way to keep employees on board is to give them the flexibility and resources they need to pursue their out-of-work passions, says a Harvard Business Review blog. Besides important considerations such as remote work and autonomy, better pay and health coverage, the blog authors recommend creating “passion opportunities” for employees. This includes greater […]

By Jason Contant | April 4, 2022

4 min read

Businesses bracing for high inflation to stick around over next two years: survey

The Bank of Canada said Monday that Canadian businesses expect average inflation to remain elevated over the next two years, but see interest rate moves and better supply chains cooling things off longer term. The central bank’s latest Business Outlook Survey, which tracked business sentiment in the first quarter of 2022, found that more than […]

By Jason Contant | April 4, 2022

3 min read