The bustling epicentre of Canada’s energy industry is being heralded as the top ecological city in the world by a prestigious international think-tank. The Mercer Quality of Living Survey ranked Calgary No. 28 on its overall quality-of-living list, but gave the city top spot in a new ecology ranking. Calgary, home to the vast majority [...]
Alberta’s finance minister says a national securities regulator would be like a “vortex” sucking all of Western Canada’s talent and investment toward Ontario. Ted Morton says the province will keep fighting Ottawa’s move to establish a single watchdog to oversee Canada’s capital markets. Morton says Alberta isn’t opposed to improving the current system in which [...]
Owning a home in Canada has become even more expensive – unless you live in Alberta, according to the latest housing report by RBC Economics Research. The report says homeownership costs in Canada rose for the third straight quarter across all housing segments in the first quarter of 2010. A strong real estate market and [...]
A report says the oilsands could be a riskier place to invest for the long-term than the Gulf of Mexico. The world’s attention has been focused on the ruptured oil rig that has been spewing crude oil into the Gulf for nearly a month, but the report by RiskMetrics Group likened development of Alberta’s oilsands [...]
Driven to distraction? You’d better not be in Alberta. The provincial government has introduced a sweeping new law that bans nearly everything behind the wheel except driving. Using hand-held cellphones, texting, reading, writing and personal grooming while piloting a vehicle could all draw a $172 fine under the new Distracted Driving Amendment Act, expected to [...]
Car insurance quote firm Kanetix says rates jumped by nearly 12 per cent in Ontario in the first three months of this year. By comparison, rates in Quebec fell by 4.6 per cent and rates in Alberta dropped 1.6 per cent. The quarterly review by online quote provider Kanetix says the numbers show rate increases [...]
The Facility Association has released its operational report for Alberta for the month of February 2010. In February, the Alberta Grid Risk Sharing Pool (RSP) produced a Net Result from Operations of $1.1 million, bringing the calendar year combined operating ratio to 95.0%, from 95.9% at the end of 1 month. The Alberta Non-Grid RSP [...]
Search and rescue teams in Canada’s west know now that they will have their liability insurance expenses covered by the provincial governments. On March 29, the Alberta Legislature passed Bill 6, the Emergency Management Amendment Act 2010, which supports search and rescue groups with liability protection when acting in good faith and enables communities to [...]
View the video here on your mobile device. The Manitoba government is moving to prevent criminals from using body armour and armoured vehicles. The NDP government has tabled a bill that would require anyone buying outer protection to get a permit, unless they were a police officer or corrections guard. People who sell body armour [...]
View the video here on your mobile device. Loblaws Company Limited , through its subsidiary PC Financial Insurance Broker, is launching a large-scale full service brokerage in Ontario and Alberta. Maria Forlini, Vice President of PC Financial Insurance said that the transition to a broker model for home and auto insurance will help customers receive [...]
View the video here on your mobile device. The Consumers Council of Canada says Alberta is looking at changing its building code to require that new homes be made more energy efficient. Council president Don Mercer says the province is working toward adopting the same updated building code now being used in Ontario and British [...]
View the video here on your mobile device. A recent court case in Alberta tackled the question of whether an extended warranty is insurance. The defendant in the case – the province of Alberta – had assessed tax against the plaintiff, the Brick Protection Corporation, under the Tax Statutes Amendment Act. It started in July [...]
View the video here on your mobile device. The Alberta Superintendent of Insurance has amended the minor injury amount, increasing the limit by 0.3 percent. The maximum amount recoverable for non-pecuniary losses from minor injuries caused in motor vehicle accidents in Alberta is now $4,518. The cap was set at $4,000 when it was first [...]
