Clean Conversion: B.C. company fighting to make ICE to EV conversion a viable option
Vancouver, British Columbia — Dean Kneider does a unique kind of alchemy at his shop in East Vancouver where he takes gas-powered cars, retro Porsches and modern buses alike, and turns them into emissions-free electric vehicles. As president and CEO of Riise EV, one of the EV conversions Kneider is most proud of is his […]
EV/AV Report: February 21, 2022
Toronto, Ontario — In today’s EV/AV report, a new federal investment program to promote ZEVs, police forces around Canada field test electric vehicles (EVs) and an Indigenous community integrates EV infrastructure. Reducing remissions Natural Resources Canada (NRCan) announced a $4.6 million investment into 22 organizations to support zero-emission vehicle (ZEV) awareness across Canada. This funding […]
Flood Follies: Storm-damaged vehicles making way into Canadian used market
Toronto, Ontario — A new report from a personal finance advocacy group is calling for caution among car buyers as a deluge of storm-damaged vehicles floods the Canadian market. Vehicles that are imported into Canada are classified by the condition they are in when they enter the country. According to the report from Money Wise, […]
Regina Recovering: SGI receives more than 3,700 vehicle claims after Regina hailstorm
Regina, Saskatchewan — While the real costs are of course still being tallied up, SGI places the amount of vehicle damage claims they received in the days following Tuesday night’s hailstorm at more than 3,700. Reports of golf ball-sized hail extend as far as Assiniboia, 130 kilometres southwest of the storm’s eye in Regina. “It’s […]
A Natural Solution: BMW to meet 2030 emissions goal with renewable, organic-based parts
Toronto, Ontario — In the ongoing fight to curb carbon emissions, the BMW Group has announced its plan to integrate more renewable materials into its OE parts going forward. “We are setting new standards for sustainable premium quality—by rethinking materials and focusing more than ever on resource-efficient alternatives and renewable materials with strong dismantling capability,” […]
The Smoke Clears: IBC reports $78 million in damage after Lytton, B.C. wildfire
Vancouver, British Columbia — The Insurance Bureau of Canada has reported that the June 30 wildfires in Lytton, British Columbia are estimated to have caused $78 in insured damage. In addition, last Wednesday’s press release from IBC said that a majority of the roughly 300 claims issued are related to residential property damage. “This wildfire […]
March Madness: Storm in March caused $50-million in insured damage in eastern Canada
Toronto, Ontario — A storm that moved across eastern Canada from March 26 to 29, caused $50 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Damage reports associated with the storm that brought heavy rain and strong winds spanned the region, from basements being flooded in southern Ontario […]
Friday Fun: Cold weather and hot fires
By Jeff Sanford Toronto, Ontario — January 5, 2017 — In today’s Friday Fun: extreme weather drives huge business for collision repair facilities across Canada, a warning on car-share insurance, and much much more! Deep Freeze The past few weeks have been all about the cold weather in North America. The National Weather Service in […]
Climate change, technology and raising repair costs and risk expected to impact the industry in 2018, say insurers
By Erin McLaughlin Toronto, Ontario — January 3, 2017 — Four insurers recently commented on what they anticipate will be major industry makers and breakers for the upcoming year. Rowan Saunders, President and CEO of Economical Insurance; Lynn Oldfield, President and CEO of AIG Canada; Sean Murphy, President of Lloyd’s Canada; and Heidi Sevcik, […]
