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opinion
Climate change is having a direct impact on home insurance rates
Kerry Gold
opinion
As costs of fires and floods mount, Canadians need better climate risk management
Glen Hodgson
carrick on money
How to say no when someone asks you to be their executor
Rob Carrick
report on business
Major mortgage insurer cuts back on disclosing information about homeowners with underwater loans
For the federal Liberals, the growing discontent with the state of the housing market is becoming a political threat. A real estate sign is pictured in Vancouver on Tuesday, June 12, 2018. THE CANADIAN PRESS Jonathan Hayward
cost of living
Buying insurance you don’t need can save money on your mortgage
Robert McLister
report on business
Canadian insurers weathering wildfire costs but prices for consumers keep rising
The McDougall Creek wildfire burns outside the Okanagan community of West Kelowna, British Columbia, Canada August 18, 2023. REUTERS/Chris Helgren
report on business
What to know about home insurance if you’ve been displaced by wildfires in B.C., Northwest Territories
A property that was destroyed by the Lower East Adams Lake wildfire is seen in Scotch Creek, B.C., on Sunday, August 20, 2023. THE CANADIAN PRESS/Darryl Dyck
carrick on money
Insurance is yet another way renters save big time over owners
Rob Carrick
cost of living
Don’t let home insurance be your downfall with a fixer-upper
Construction of the first floor of Christine Lolley’s home is photographed on Feb 27, 2023. Fred Lum/The Globe and Mail. Lolley and Knezic, who are architects, their two kids and their pet Guinea pig Ginger, are currently living in the basement they renovated while the rest of the house, which was gutted, is rebuilt. After they move into the rebuilt floors, they plan to rent out the two bedroom basement apartment.
baseball
Blue Jays complete sweep of Diamondbacks at home
Toronto Blue Jays' Danny Jansen celebrates as he stands on second base after hitting a three RBI double off Arizona Diamondbacks relief pitcher Scott McGough during eighth inning interleague MLB baseball action in Toronto, Sunday, July 16 2023. THE CANADIAN PRESS/Chris Young
cost of living
Wildfire nearby? It could complicate how much you pay for your new home
Smoke from the Tantallon wildfire rises over houses in nearby Bedford, Nova Scotia, Canada, May 28, 2023. REUTERS/Eric Martyn
canada
Evening Update: Mendicino says it was ‘unacceptable’ to be left in the dark on Bernardo prison transfer
Minister of Public Safety Marco Mendicino speaks to reporters after appearing as a witness at a House of Commons standing committee on Parliament Hill in Ottawa on Thursday, June 15, 2023. THE CANADIAN PRESS/Sean Kilpatrick
report on business
Canadian wildfires expected to make home insurance more expensive
A firefighter walks past a home destroyed by a wildfire in Hammond's Plains, N.S., during a media tour, Tuesday, June 6, 2023. THE CANADIAN PRESS/POOL, Tim Krochak
report on business
Spring flood risks highlight lack of insurance for Canadian homeowners, experts say
Local residents make their way to dry land following flooding in the Gatineau region of Quebec on Thursday, May 4, 2023. The Insurance Bureau of Canada says more than 1.5 million households in Canada are “highly exposed” to flood risk. THE CANADIAN PRESS/Spencer Colby
report on business
Mortgage insurers report growing number of homeowners with underwater loans
Homes Father Redmond Way in Etobicoke, are photographed on Jan 10, 2023. Fred Lum/The Globe and Mail.
cost of living
First their homes flooded, then interest rates soared: ‘We just can’t afford to rebuild’
FILE PHOTO: Floodwater is seen a week after rainstorms lashed the western Canadian province of British Columbia, triggering landslides and floods, shutting highways, in Abbottsford, British Columbia, Canada November 22, 2021. REUTERS/Jennifer Gauthier/File Photo
report on business
From flood insurance to alcohol taxes, how the 2023 budget affects Canadians’ wallets
A person walks past shelves of bottles of alcohol on display at an LCBO in Ottawa, Thursday, March 19, 2020.
canada
Bring title insurers under anti-money laundering rules, former executive says
Retired lawyer Tim Hyde poses for a photograph in Oakville, Ont., on Monday, March 27, 2023. Hyde said recent cases of title fraud in B.C. and Ontario show the need for title insurers to be brought under the country's anti-money laundering regime. THE CANADIAN PRESS/Nathan Denette
your practice
What to consider before moving somewhere cheaper to retire
Retirees and people preparing for retirement are especially concerned about economic uncertainties.
british columbia
Federal disaster aid program for 2021 B.C. floods now tops $1-billion
Minister of Emergency Preparedness Bill Blair rises during question period in the House of Commons on Parliament Hill in Ottawa on Monday, Feb. 28, 2022. Canada's emergency preparedness minister is going back to the epicentre of a flood that devastated British Columbia's Fraser Valley in November 2021.THE CANADIAN PRESS/Sean Kilpatrick
the decibel: a daily news podcast from the globe and mail
How people are being cheated out of their new homes
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
cost of living
Fraudsters impersonating homeowners to sell real estate on the rise since pandemic
A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. As the country's real estate market cools, the Canadian Real Estate Association is expected to release home sales figures for July. THE CANADIAN PRESS/Evan Buhler
report on business
How home and auto insurers trounced the Big Six banks and became Canada’s hottest financial stocks
Intact Financial CEO Charles Brindamour said his industry is already seeing the impact of global warming in the increasing frequency of severe storms and changing weather patterns.
advisor news
What to look out for in home insurance when it comes to natural disasters
Remains of a home destroyed during hurricane Fiona are seen in Port aux Basques, N.L., Monday, Sept. 26, 2022. THE CANADIAN PRESS/Frank Gunn
report on business
Insurance claims from Hurricane Fiona could reach $700-million, but flood damage from storm surge won’t be covered
Search and rescue crews overlook the coastline in the aftermath of Hurricane Fiona in Port Aux Basques, Newfoundland, Canada, September 27, 2022. REUTERS/John Morris
canada
Ottawa to deliver financial aid for uninsured people affected by post-tropical storm Fiona
People remove items from damaged buildings that were moved from their position by the hurricane in the aftermath of Hurricane Fiona in Port Aux Basques, Newfoundland, Canada September 25, 2022. REUTERS/John Morris
carrick on money
An argument for cracking open your TFSA
Rob Carrick
your practice
Rising inflation puts pressure on clients’ ability to afford life and living benefits insurance
Sales man Real Estate agent offer and present home ownership project document and life insurance , insurance assurance quality concept.
british columbia
More Canadians buying flood insurance, but those in high-risk areas face hurdles
Debris flow in flood waters around a home in the Yarrow neighbourhood after rainstorms caused flooding and landslides in Chilliwack, British Columbia, Canada November 20, 2021. REUTERS/Jesse Winter
your practice
Why cybersecurity coverage costs in advisors’ E&O insurance are rising
To show empathy and truly solve problems, insurance advisors need to open up to new conversations with clients.
canada
Flood of atmospheric rivers in B.C. cost $675-million in insured damage
Floodwaters are seen from the air in Abbotsford, B.C., on Nov. 23, 2021. November's floods in British Columbia that swamped homes and farms, swept away roads and bridges and killed five people are now the mostly costly weather event in provincial history. THE CANADIAN PRESS/Jonathan Hayward
opinion
How to navigate the emotional minefield of transitioning the family cottage
Alexandra Horwood
u.s. business
Tesla to cover travel costs for U.S. employees seeking out-of-state abortions
canada
Ontario Progressive Conservatives intend to raise injured workers’ compensation if re-elected
Ontario is set to introduce legislation that would make it easier for immigrants to get licensed to work in regulated professions and trades that match their areas of expertise. Ontario Minister of Labour, Training and Skills Development Monte McNaughton answers questions at the daily briefing at Queen's Park in Toronto on Wednesday, April 8, 2020. THE CANADIAN PRESS/Frank Gunn
canada
Emergency preparedness ministers say a national flood insurance program is needed
President of the Queen’s Privy Council for Canada and Emergency Preparedness Minister Bill Blair rises during question period, Monday, Feb. 21, 2022, in Ottawa. Federal and provincial ministers responsible for emergency preparedness will work together to develop a new national flood insurance program. THE CANADIAN PRESS/Adrian Wyld
british columbia
Western Canada: Federal government planning national overland flood insurance
Rising flood waters are seen surrounding barns in Abbotsford, B.C., Tuesday, Nov. 16, 2021. A recovery package is expected to be announced today for British Columbia's agriculture industry after devastating floods last November. THE CANADIAN PRESS/Jonathan Hayward