13 h. 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

27 h. 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

27 h. 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 d. 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

1 week ago Teton Capital Said to Agitate for Changes at Atlantic Union Bank

Financier David Sokol’s investment fund has taken a stake in Atlantic Union Bankshares Corp. and is pushing the US regional bank to consider cutting costs, shrinking its board and overhauling its executive compensation, according to people familiar with the matter.

Economics

1 week ago European Power Markets Brace for Extreme Heat Over the Summer

A cool, wet start to June in Northern Europe is set to give way to a summer of extreme weather, roiling energy markets that have become increasingly dependent on solar and wind power.

Economics

2 w. ago Quebec farmers expected to face heavy storms, hot and humid weather this summer

According to the Weather Network, after a cool start to spring, Quebec will experience extreme temperatures in the upcoming months.

Other

2 w. ago BMO reports rise in profit even as companies remain hesitant on borrowing

TORONTO — BMO Financial Group’s second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.96 billion, up from $1.87 billion for the same quarter last year, with the biggest boost coming from lower […]

Economics

2 w. ago Earth could see more years of extreme heat, top weather experts warn

There's an 80 per cent chance the world will break another annual temperature record in the next five years, top weather forecasters say.

Culture

2 w. ago Get ready for several years of killer heat, top weather forecasters warn

WASHINGTON — Get ready for several years of even more record-breaking heat that pushes Earth to more deadly, fiery and uncomfortable extremes, two of the world’s top weather agencies forecast. There’s an 80% chance the world will break another annual temperature record in the next five years, and it’s even more probable that the world […]

Events

3 w. ago ZenaTech Provides Quantum Computing Update on ‘Clear Sky’ Weather Forecasting Project─AI Drone Swarms to Combat Steep Rise in Billion Dollar Extreme Weather Events

VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today provides an update on its “Clear Sky” project, an R&D initiative soon to be released in […]

Politics

3 w. ago BDC VC report issues collective wakeup call: investing in our own businesses now is a “must have”

MONTREAL, May 27, 2025 (GLOBE NEWSWIRE) — The latest edition of the Business Development Bank of Canada’s (BDC) 2025 Venture Capital Landscape report paints a rather mixed portrait of the ecosystem, but a deeper dive shows the chill effect of a global trade war with the US, and its impact as we move into 2025. […]

Economics

3 w. ago Quebec launches heat wave alert system to protect public health, vulnerable population

Quebec's health ministry says subscribers will receive a message by telephone, email or text message a day before an extreme weather event to warn them of its arrival.

Science