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Canada’s climate plan is working: 2023 greenhouse gas emissions dropped to 694 megatonnes—the lowest in 27 years (excluding pandemic years). This progress, equivalent to taking 1.8 million cars off the road, reflects a 34% reduction in emission intensity since 2005, driven by key initiatives like phasing out coal-fired electricity.

As a home or business insurance policyholder, you need to deal with more than just property damage in the aftermath of a fire. Smoke damage as well as water damage caused by firefighting efforts must also be addressed.

The recent atmospheric river in southern British Columbia caused over $110 million in insured damage and widespread destruction, highlighting gaps in Canada’s flood insurance availability. With 10% of Canadian households unable to access flood insurance, uninsured families face financial uncertainty.

Portable space heaters are convenient and popular appliances used to heat homes and businesses when temperatures drop, but they can also pose serious safety hazards. The fire risks associated with space heaters may not always be known or evident. For example, only some heaters exhibit visibly glowing heating elements, so it is easy to forget that they can, nevertheless, reach highly dangerous temperatures that can cause burns and fires.

The Canadian government has introduced four new refundable investment tax credits (ITCs) to boost the clean economy and attract investment in clean energy projects. These ITCs include the Clean Technology ITC, Clean Technology Manufacturing ITC, Clean Hydrogen ITC, and the Carbon Capture, Utilization and Storage ITC, providing up to 60% credit for eligible investments made through 2040.

Sewage backup can result from a clogged drain or from any number of other malfunctions in your plumbing and sewer system. Whatever the origin, toxic sewage overflow can not only damage the structure of your facility, but it also contains biohazards that carry bacteria, viruses and germs that cause illness and disease.

Canada experienced a record number of insurance claims this summer, driven by four catastrophic weather events, including floods in Ontario and Quebec, wildfires in Jasper, and a Calgary hailstorm. Insurers are processing approximately 228,000 claims—a staggering 406% increase compared to the 20-year average.