Back on April 1, 2015, this paper published a story claiming the City of Edmonton was going to spend $87.5 million constructing “all-season overhead coverings for the city’s 95 kilometres of bike lanes.” The canopies, designed to keep snow and rain off bicycle commuters, would be “steel-framed, heated and lit.” Dozens of angry readers called […]
Author: wrowan
Indigenous Women’s Justice Plan calls for major reform by province and feds
The BC First Nations Justice Council has released a detailed plan for broad reforms it says will improve the lives of Indigenous women and girls.
Total solar eclipse now at its peak in Ontario
A total solar eclipse is now at its peak in Ontario.
Court upholds Aviva’s travel deductible for trips to medical appointments
Newfoundland and Labrador’s Supreme Court has dismissed a proposed class action lawsuit against Aviva Canada and Aviva General Insurance Company over a discretionary travel deductible the insurer imposed on medical and rehab accident benefits expenses. Aviva imposed a 25-kilometre (round…The post Court upholds Aviva’s travel deductible for trips to medical appointments appeared first on Canadian Underwriter.
Why climate change on the farm equates to a big bill
To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further than the government of Saskatchewan’s books. The prairie province had forecast a more than $1 billion surplus for the fiscal…The post Why climate change on the farm equates to a big bill appeared first on Canadian Underwriter.
Vancouver-based Hootsuite buys analytics firm Talkwalker as CEO foresees social media disruption
When Irina Novoselsky contemplates social media, she’s certain the next decade won’t be anything like the last because consumers increasingly allow the online world to shape nearly every aspect of their lives.
CHES Unveils All-in-One Motel Insurance Package
TORONTO, ON, APRIL 8, 2024/insPRESS/ – As the hospitality industry gears up for a bustling season, CHES Special Risk is proud to announce the launch of its comprehensive Motel Insurance Package, offering motel owners a one-stop solution to safeguard their…The post CHES Unveils All-in-One Motel Insurance Package appeared first on Canadian Underwriter.
Canada’s ETF Market Rebounds After Record Number Of Delistings
The market for exchange-traded funds (ETFs) in Canada is rebounding after experiencing a sharp downturn. In this year’s first quarter, 50 new ETFs were launched throughout Canada, according to data from National Bank Financial. News of the ETF launches comes after the Canadian market saw a record number of funds delisted in 2023 amid a sharp downturn in the industry. Last year, 122 ETFs in Canada were delisted, which was more than triple the previous record high of 39 delistings recorded in 2020 at the depths of the Covid-19 pandemic. According to National Bank Financial, the record…
Weekly AI Bubble Watch: AMD, Nvidia, SMCI Fall
The S&P 500 (SPY) and Nasdaq’s (QQQ) weak performance last week will worry investors holding AI-related stocks. Valuations are wildly stretched for AMD (AMD), Nvidia (NVDA), and Super Computer Micro (SMCI). Markets justify their rise on expectations that growth will accelerate this year.Assuming the market does not suddenly panic about valuations, all three stocks should fall only slightly from here.AMD has the most bearish momentum today. The stock peaked at over $220 before falling heavily intraday on March 8. Since then, the stock fell sharply, closing at $170.42. Investors prefer to hold…
Canada has yet to reunite a single family with relatives trying to escape Sudan
Canada has yet to reunite a single family with relatives who are trying to escape conflict-racked Sudan, while diaspora groups are demanding the federal government do more to end a yearlong civil war.
