Ransomware Operators Expected to Become More Aggressive: Canada Spy Agency December 7, 2021 Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to...
Hundreds of Thousands of Farm Animals Perish in Canada Floods December 3, 2021 By Marcy Nicholson Hundreds of thousands of livestock have perished in floodwaters in Canada’s westernmost province, the British Columbia government said Thursday. Back-to-back...
Western Canada Braces for Another Deluge From ‘Atmospheric River’ December 1, 2021 By Marcy Nicholson British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain...
Definity Financial’s CEO Plots Acquisitions After Insurer’s Canadian IPO November 29, 2021 By Kevin Orland Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its...
Flood-Stricken British Columbia Weighs Cost of Climate-Proofing Infrastructure November 24, 2021 By Nia Williams CALGARY, Alberta – Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to...
Climate Change Could Fuel Atmospheric Rivers, Which Caused Recent Canada Floods November 22, 2021 By Nichola Groom Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and...
Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re November 19, 2021 TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising...
‘Extraordinary’ Storms Cut Off Road, Rail Access to Vancouver November 18, 2021 By Marcy Nicholson and Natalie Obiko Pearson Vancouver, Canada’s third-largest city, is cut off from the rest of the country by land after days of storms caused...
P/C Insurer Definity Raises $1.1B in Largest Canadian IPO of 2021 November 18, 2021 By Kevin Orland Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about C$1.4 billion ($1.1...
Canadian P/C Insurer Definity Seeks to Raise $1 Billion in IPO November 9, 2021 By Kevin Orland Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., is seeking to raise C$1.25...