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Fort Mac wildfire damages estimated at $3.6B; costliest disaster in Canadian history

2016-07-08 08:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Canadian Press: The wildfire that rendered the heart of oilsands country a charred and ashy mess is estimated to be the costliest disaster in Canada, worrying evidence that extreme weather events have increased in frequency and severity, the Insurance Bureau of Canada said Thursday. About $3.58 billion in damage is expected due to the fire in May that swept through Fort McMurray, Alta., nearly twice as much as the January 1998 ice storms that paralyzed eastern Ontario and southern Quebec. That disaster resulted...

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Alberta wildfire was the costliest natural disaster in Canadian history

2016-07-07 23:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: The wildfire that ripped through Alberta, Canada`s Fort McMurray area in June devastated homes, boreal forests, and tar sands oil production. Now that the dust has settled, another scary aspect of the fire has emerged: the cost. All told, the Fort McMurray wildfire cost $3.6 billion in Canadian currency (that`s $2.8 billion USD), the Insurance Bureau of Canada announced on Thursday, making it the costliest natural disaster in Canadian history. According to the bureau, the costs broke down as...

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Lockheed to provide support for Canadian Navys Victoria-class submarines SFCS

2016-07-06 01:00:00| Naval Technology

Lockheed Martin has been contracted by the Government of Canada to offer long-term, full-spectrum support for the submarine fire control system (SFCS) on-board the Royal Canadian Navy's (RAN) four Victoria-class submarines and land based team trainer

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Canadian vehicle sales up in June: Scotiabank

2016-07-05 19:24:49| Canadian Plastics Headlines

Vehicle sales in Canada re-accelerated last month, climbing 7% above a year earlier and lifting volumes to a new record for June, according to a new report from Scotiabank. We estimate that Canadian vehicle sales nearly reached an annualized 2.0… The post Canadian vehicle sales up in June: Scotiabank appeared first on Canadian Plastics.

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Brexit Vote Results in Stronger Canadian Hog Prices

2016-07-04 02:00:00| ThePigSite - Industry News

CANADA - The Director of Risk Management with h@ms Marketing Services says the impact of last week's Brexit vote in Great Britain on the value of the Canadian dollar has been positive for Canadian pork producers but it has created a great deal of volatility.

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