Articles by David Ljunggren

Canada Weighs Mandating Minimum Insurance for Railways

Canada should force railways to take out enough insurance to ensure they can cover damage caused by major incidents, the Canadian Senate said on Thursday in a report issued after last month’s train disaster in Quebec, which killed 47 people. …

Canada Pulls Out of Kyoto Climate Change Protocol; First Country To Do So

On Monday Canada became the first country to announce it would withdraw from the Kyoto protocol on climate change, dealing a symbolic blow to the already troubled global treaty. Environment Minister Peter Kent broke the news on his return from …

Panel Reports Climate Change to Cost Canada Many Billions

Climate change will cause damage in Canada equivalent to around 1 percent of GDP in 2050 as rising temperatures kill off forests, flood low-lying areas and cause more illnesses, an official panel said Thursday. The National Round Table on the …

G20 Seals $1.1 Trillion Deal

World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again. U.S. President Barack Obama declared it a “turning point” …