Government expected to work with provinces to advance bilateral implementation plans.

Consultations planned alongside effort to organize regulator’s climate engagement activities.

Canada is facing increasing risks of natural disasters due to climate change.

Insurers remain strategic about the capacity being deployed.

Risk diagnostics and advisory service also draws on global academic collaborations.

First public, national-level disaster risk assessment aims to broaden public awareness.

The outlook is equally grim for total economic losses, and insured losses, and the trend is far from abating in the comi…