Blog
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September, 2022Canada is witnessing more thund...
In Canada, the new normal for yearly insured catastrophic losses has reached $2 billion — a significant increase from the $422 million per year between 1983 and 2008 — and a significant chunk of that is from thunderstorm-related severe and extreme weather.
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July, 2022
Flood insurance take-up in Cana...
Flood-related events have caused over $5.5 billion in insured losses in Canada from 2012-2021. With climate change, losses to flood in Canada are expected to increase. Flood insurance can be an important tool to finance these losses if it is adopted widely across Canada.
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June, 2022
The cheaper we build our buildi...
Engineers, architects and builders can design and construct affordable new buildings that can resist tornadoes, floods and wildfires without making the buildings into bunkers. We could also design earthquake-resilient buildings, but do not.
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February, 2022
What is a climate stress test? ...
In the simplest terms, a stress test helps individuals and institutions mitigate risk and make better decisions by playing out big economic shocks — like a major jump in interest rates or a global pandemic — to ensure they have what it takes to weather the storm.
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November, 2021
How an ‘atmospheric river’ ...
A weather system called an “atmospheric river” flowed across the southwest corner of the province and, over a period of two days, brought strong winds and near-record amounts of rain, which caused widespread flooding and landslides.
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September, 2021
Disaster-mapping drones often n...
Every year, disasters kill an average of 60,000 people, affect 200 million and cause US$150 billion in damage. To combat these devastating impacts, governments and other stakeholders routinely rely on images captured by satellites and crewed aircraft for crucial tasks such as identifying and monitoring areas most at risk, evacuation routes, damage severity and extent, and recovery progress.
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