Sep 12, 2023
How wildfire smoke can damage property, pose risk for real estate investors
Where there’s fire, there’s smoke. As climate change drives more frequent and intense wildfires,
Industry News
Aug 21, 2023
Our forests have reached a tipping point
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.
Aug 21, 2023
How the feds could get the national flood insurance plan right
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.
Aug 03, 2023
Intact Centre bringing physical climate risk into institutional investing
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...
Aug 01, 2023
Insurance industry urges investments in climate adaptation
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).
Jun 01, 2023
Nova Scotia’s modern ‘gold rush’ poses huge risk to climate, expert warns
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...
May 31, 2023
Report gauges Canada’s readiness for increase in earthquakes, wildfires, pandemics
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.
May 28, 2023
National report reveals Canada’s disaster vulnerabilities, risk areas – The Weather Network
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..
Mar 30, 2023
B-15 climate risk management: What financial institutions in Canada need to know
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.