65 h. ago Wealth One Bank Gets New Life as Canadian Investor Group Closes Deal

Canadian investment firm Globalive Corp. and a group of backers have closed their acquisition of Wealth One Bank of Canada, with plans to raise more capital soon to grow its lending business.

Other

6 d. ago Home insurance rates need more transparency from Ont. regulator: complaint

TORONTO — Ontario’s financial services regulator should do more about rising home insurance rates linked to climate change, says a new complaint. The submission by a climate advocacy group to the Financial Services Regulatory Authority of Ontario (FSRAO) says extreme weather is helping propel rates toward unaffordable levels, and the regulator should at least be […]

Economics

2 w. ago As climate costs mount, businesses talking more about spending to adapt: report

TORONTO — Work on climate change has largely focused on preventing it from getting worse, but as a new RBC report points out, businesses are also starting to think more about potential spending on adaptation and preparation as the costs of disasters pile up. The report says that extreme weather and natural disaster costs already […]

Economics

2 w. ago Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite

DUBLIN — Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva’s integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe. […]

Events

3 w. ago ECB Amends Bank Capital Reviews to Reflect Extreme Weather Risks

The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a new chapter in its supervisory approach.

Economics

3 w. ago Spaces to escape extreme weather for Calgary's homeless have been busy this summer

The need for shelter has remained steady this summer despite the warm weather

Other

3 w. ago Spaces to escape extreme weather for Calgary's homeless have been busy this spring

The need for shelter has remained steady this summer despite the warm weather

Other

3 w. ago Opinion: Homeowners pay heavy price for weather disasters; need to build more resilient communities

Extreme weather is making its mark on Alberta again this year. Communities evacuated. Structures destroyed by wildfire. Numerous hail and severe storm warnings. All this, and summer has yet to officially begin. Long a fact of life in Alberta, severe weather is getting worse and our communities are not resilient enough to withstand the damage […]

Economics