Despite its long history of wil...
The wildfires back then were as fierce, deadly and eerily similar to the ones we have today. And we have yet to learn to live with them.READ MORE
Canada 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.READ MORE
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.READ MORE
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.READ MORE
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.READ MORE
The COVID-19 pandemic has revea...
COVID-19 has laid bare many uncomfortable truths regarding society’s overall preparedness for low-probability but high-impact events, especially global ones.READ MORE