News

Canada’s inflation rate fell to 2.5% in July, lowest since March 2021

Canada’s annual inflation rate fell to 2.5% last month, marking the slowest annual increase in the consumer price index since March 2021.

By The Canadian Press | August 20, 2024

2 min read

Industry estimates price tag for Ontario’s July flooding

July flash flooding in Toronto and southern Ontario caused more than $940 million in insured damage, IBC reports.

By David Gambrill | August 19, 2024

3 min read

Toronto area sees more rain a day after record-setting downpour

Saturday's downpour dumped 128.3 millimetres of rain at Toronto Pearson Airport. That topped the 2013 record of 126 millimetres.

By Ian Bickis - The Canadian Press | August 19, 2024

2 min read

Update: Industry prepares for claims from Jasper wildfire as town re-opens

Canada’s property and casualty insurance industry is gearing up for claims from the Jasper, Alta. wildfire.

By Jason Contant | August 19, 2024

3 min read