Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada’s British Columbia Highway 99 Closed Due to Brush Fire
Jun 27 2023 // Canada’s British Columbia Highway 99 was closed in both directions on Monday due to a brush fire, the British Columbia Wildfire Services (BCWS) said in a post on Twitter. The brush fire broke out in southwest of...
Canada’s Explosive Wildfires Damage Forest Set Aside for Carbon Offset Project
Jun 26 2023 // Canada’s explosive wildfire season has already pumped millions of tons of carbon dioxide into the atmosphere. Some of that carbon is coming from vegetation burned at a carbon offset project, highlighting the...
Russia-Aligned Hackers Pose Threat to Canada Energy Sector, Spy Agency Says
Jun 23 2023 // Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday. The Communications Security...
Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices
Jun 13 2023 // Canada’s worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as housing construction has slowed due to higher...
Wildfires Force Miners to Halt Operations in Eastern Canada
Jun 7 2023 // Several mining companies have temporarily halted operations and exploration activities in eastern Canada as unprecedented wildfires rage. Iron Ore Co. of Canada, which is majority owned by Rio Tinto Group, is in the...
Canada on Track to See Worst-Ever Wildfire Season
Jun 5 2023 // Canada is on track to see its worst-ever wildfire season in recorded history if the rate of land burned continues at the same pace. The country is experiencing an unprecedented amount of fire activity for this early in the...
Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties
Jun 1 2023 // A wildfire on Canada’s Atlantic coast has damaged about 200 houses and other structures and prompted the evacuation of 16,000 people, many of whom were eager to return Tuesday to see whether homes and pets had...
Cyber Attack Could Threaten Canada’s Overall Financial Stability: Central Bank
May 23 2023 // The Bank of Canada on Thursday [May 18] said it was worried that a major cyber attack on one part of the financial system could quickly spread and threaten overall financial stability. In an annual review of Canada’s...
Update: Wildfires Rage Across Canada’s Gas Heartland, Cutting Production
May 8 2023 // Wildfires raging across western Canada forced the evacuation of 30,000 residents and cut at least 234,000 barrels a day of oil and gas production as companies shut down wells and pipelines. A total of 100 blazes were...
Housing Market Downturn Among Top Risks to Canada’s Financial System: Regulator
Apr 21 2023 // A potential downturn in Canada’s housing market and adjusting to rapid increases in interest rates are among the biggest risks to Canada’s financial system this fiscal year, the country’s financial...
Hyundai Auto Canada Guilty of Safety Violation, Transport Canada Says
Apr 19 2023 // Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed to send out notices of safety...
Canada’s Desjardins Is Seeking Property/Casualty Insurance Acquisitions
Apr 19 2023 // Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday. Cormier said the...
HDI Global Specialty Launches Digital Platform for General Aviation in Canada
Mar 27 2023 // HDI Global Specialty SE (HDI) has launched a new insurance platform in Canada which delivers general aviation policies to brokers in minutes. The platform, called “Aviation IQ” delivers end-to-end digital...
Toxic Spills at Alberta’s Oil Sands Spur Canada to Boost Regulatory Oversight
Mar 21 2023 // Canada’s federal government is stepping up environmental oversight in Alberta’s oil sands after Imperial Oil Ltd. and the provincial regulator were slow to report toxic spills. Environment Minister Steven...
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure
Mar 8 2023 // Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose climate risks. Financial firms will need to release climate-related...
Canada Joins U.S. and EU in Banning TikTok From Government Phones
Mar 3 2023 // Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection. The social media app, which is owned by China’s ByteDance Ltd., will be...
Hackers of ION Trading Also Hit UK Postal Service, Canada Hospital, U.S. Local Agencies
Feb 3 2023 // The hacking group behind a cyberattack against the software firm ION Trading UK has recently conducted a series of breaches throughout the world, with its victims including the UK’s postal service and local...
People Moves: AGCS Taps Chaucer’s Graham for Marine Team; BHSI Names De Wilde Head of Property, Switzerland; HDI Global Specialty Promotes Spafford in Canada Branch
Feb 2 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS); Berkshire Hathaway Specialty Insurance (BHSI), and HDI Global Specialty. A summary of these new hires...
Marsh McLennan Names Tomlinson CEO for U.S. and Canada
Feb 1 2023 // Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
