Where there’s fire, there’s smoke. As climate change drives more frequent and intense wildfires,
This year's coast-to-coast wildfires in Canada have already emitted an estimated one-and-a-half billion tonnes of CO2. That's triple the annual climate pollution from burning fossil fuels in Canada. It's more than the combined emissions from 100 nations. And there are still months of fire season looming ahead.
As Canada gets closer to implementing a national flood insurance program, the federal government has an opportunity to send the right signals about preparing for the effects of climate change, says one adaptation researcher.
Incorporating physical climate risk into portfolio management – think flooding, wildfire or hurricanes that disrupt business operations for weeks at a time – has largely eluded investors despite warnings...
An atmospheric river event that led to significant flooding in parts of Nova Scotia on July 23, 2023, is estimated to have caused over $170 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).
Nova Scotia is embarking on what many are calling its fourth gold rush -- but instead of panning for chunks of gold, mining operations in the province today consist of massive...
The amount of land burned annually in Canada by wildland fires has more than doubled since the 1970s. It is estimated that, by 2100, the area burned could double again, states the new risk report.
Canada's first-ever disaster report at the national level showcases the threats the country faces, the regions at risk, and what is needed for agencies and people to better handle future catastrophes..
B-15 is a new guideline issued by Canada’s Office of the Superintendent of Financial Institutions (OSFI) that directs how federally-regulated financial institutions should assess, manage and disclose climate-related risks.