Risk
All sights are set on cybersecurity, talent acquisition and economic recession as top business risks, but watch for physical threats as well.
By David Gambrill | February 15, 2023
3 min read
The B.C. government is installing up to 50 earthquake early warning sensors to help protect people and infrastructure in a big quake.
By The Canadian Press | January 27, 2023
2 min read
FSRA is trying to determine how auto insurance rating factors affect vulnerable groups given the general lack of data.
By Jason Contant | January 20, 2023
4 min read
A rare 5.6-magnitude earthquake that’s been reported as the largest ever recorded in Alberta could occur again, McGillivray suggested.
By Jason Contant | December 8, 2022
OSFI is focused on the current macroeconomic environment and expects insurers to practice ‘capital conservation’ due to market volatility.
By Jason Contant | November 18, 2022
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 The Canadian Press | 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
“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
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 […]
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