Industry
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
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
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
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 […]
Geo-political uncertainty, slow pandemic recovery and a continued threat of business interruption are keeping your mid-market Manufacturing & Construction clients up at night. Can their risk management strategies keep up? While the market shows signs of softening, prolonged pandemic-induced struggles and the impact of war remain top challenges facing your clients in the Mid-Market Manufacturing […]
By CNA Canada | April 2, 2022
British Columbia’s Civil Resolution Tribunal (CRT) has ordered a strata corporation to immediately reverse a charge of nearly $10,000 to a strata lot owner after finding the unit’s owner was not responsible for a water leak and resulting expenses. In Liang v. The Owners, Strata Plan NW 1374, CRT member Leah Volkers wrote that even […]
By Jason Contant | April 1, 2022
OTTAWA – The federal Liberals are being asked to muscle space in next week’s budget to help Canada become more productive, and lay investments to lure new companies as part of a push to simplify pandemic-strained supply chains. For years, Canadian businesses have under-invested in technology and other measures that could help workers more easily […]
Claude Dussault, chairman of the board of directors for Intact Financial Corporation (IFC), will retire at the end of his current term, although he will stay on in different roles with the company, Canada’s largest property and casualty insurer said Wednesday, William L. Young has been appointed as the new chairman of the board, effective […]
By Jason Contant | March 31, 2022
CALGARY – An investigation into a fatal train derailment near the British Columbia-Alberta boundary has found the locomotive’s brakes failed with prolonged exposure to cold temperatures. The Transportation Safety Board of Canada on Thursday released its findings into the February 2019 derailment that killed three Canadian Pacific Railway employees. The train was parked on a […]
By The Canadian Press | March 31, 2022
Restricting lawsuits to only the most serious auto accident cases is one reform provincial governments in private auto insurance sectors should adopt to improve the cost and value of auto insurance, says financial management consultant David Marshall. Marshall is a well-known auto insurance expert who has served as a senior advisor to the Ontario government […]
By Jason Contant | March 30, 2022
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