According to the Alberta Construction Industry profile for 2020, approximately 10% of the province’s workforce is employed in the construction and contracting industries, with 214,000 people working in 2020 and 92.4% of those full time. Some examples of occupations employed in the construction industry are bricklayers, carpenters, electricians, roofers, and steam- and pipe-fitters, and general…
DetailsOn Jan. 26, a news release from the Alberta government announced they would be freezing all car insurance rate hikes until the end of 2023. This comes as a relief as many struggle with decreased affordability due to inflation ― a major problem throughout Canada ― but this isn’t the time for car insurance policy…
DetailsThe Canadian Underwriter has recently reported that Facility Association drivers will soon have the opportunity to use telematics to improve their driving records. The insurance industry has been taking note of the rising number of claims made by those in the trucking industry, and especially by drivers from Alberta. Experts say that the cause…
DetailsCosts for insured damages due to severe weather events reached a whopping $3.1 billion in 2022, making it the third-worst year on the record books for Canada according to research by Catastrophe Indices and Quantification Inc. submitted to the Insurance Bureau of Canada (IBC). In 2021, severe weather in Canada caused a total of $2.1…
DetailsLate in 2022, an Ernst & Young report revealed what many in the province had been suspecting for some time. Albertans are paying the highest auto insurance premiums in the country. Ernst & Young sampled 27 different driver profiles across nine different provinces, and found that for 26 of those profiles, Albertans pay the most.…
DetailsA question we hear often in our jobs as insurance brokers is how to ensure loved ones are well covered, but confusion can often lie around whether those in certain kinds of relationships can access their partners’ benefits. Thankfully, Alberta has accommodating legislation and guidelines that encompass partnerships of all kinds and allow couples to…
DetailsCalgary police and Kal Tire have recently announced a partnership aimed at assisting in curbing the theft of catalytic converters in the city. Until the end of March, car owners can take their vehicles in to a Kal Tire location to have their catalytic converters engraved with the VIN. The hour-long service costs $40 and…
DetailsSmall businesses have been through the wringer over the past couple years. The pandemic placed incredible pressure on owners as they worked to keep operating amidst constantly changing restrictions, but even as those complications have eased off, there is now the looming possibility of a recession. Recent survey results from the Canadian Federation of Independent…
DetailsWhen you reach the age of 18 in Alberta, otherwise known as the “age of the majority,” you are legally able to buy alcohol, get married, obtain a credit card, adopt a pet, change your name, vote in an election, and sit on a jury. But, there remains one thing younger people can’t do until…
DetailsIt’s the year of the rabbit, according to the Chinese Zodiac, which corresponds with the symbols of longevity, peace, and prosperity. The prediction is for increased hope, which is most welcome after three years of uncertainty. To help you move towards more freedom from worry, we at Lane’s have put together these 10 New Year’s…
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