Less than 25% of Canadian businesses have trade credit insurance, said Intact Insurance’s vice-president of trade credit Jay Rampersad in a recent Canadian Underwriter article. Trade credit insurance protects a business’s receivables against buyer default and bankruptcies, and Rampersand expects to see a lot more demand for it in the near future. The reason for…
A topic of much discussion these days is the lack of new and used vehicles on the market, which has been caused by supply chain issues for parts. As consumers wait for their new vehicles to be manufactured, used vehicles are selling fast, causing a perfect opportunity for car theft rings to up their game…
There are many reasons why a driver may choose to stop using one (or more) of their vehicles. Maybe it needs expensive repairs that require some saving to address. Or, perhaps the main driver is off to university. Or, maybe it is just not needed at the moment, but could be useful in the future. …
Alberta has grown tremendously in its 117-year history. The two largest cities of Calgary and Edmonton both boast a million-plus residents and are full of contemporary buildings and modern infrastructure. Some historians lament that with the furious pace of growth, however, a number of the province’s historic buildings have been lost, such as the case…
There are a number of businesses that require several company vehicles to operate. Everything from landscapers to personal chauffer services require people behind the wheel. In Alberta, any company using more than five vehicles is technically operating a “fleet,” and the company doesn’t necessarily have to own the vehicles, either. A fleet can also consist…
With very little rain forecast among a series of days predicted to be plus-30 degrees Celsius, it’s no surprise that experts are sounding the alarm about the high risk of fire. When it’s this dry out, everyone must play a role in keeping the chances of a blaze down. Whether at home or out in…
The pros and cons of graduated drivers licences (GDLs) became a topic of discussion in Alberta recently as a politician vowed to remove the two-step GDL fee if elected as leader of the current governing party. Travis Toews has said that he would replace the program with a one-step licence that will be available to…
It’s a horrible feeling to arrive home to find that somebody has been in your house, going through your things, and just taking what they want. It’s an extreme violation of safety and privacy, and the violation is intense. Knowing what to do if such a terrible occasion occurs can be the first step into…
Insurance is often one of those things that you don’t think about until you need to, which is both a good and a bad thing. Quietly operating in the background, insurance should provide peace of mind and confidence in your protection, but it is also something that should be attended to regularly. Major life events…
It’s been a very hard few years for ranchers in Alberta. Melanie Wowk, chairperson of the Alberta Beef Producers, recently told the Calgary Herald that a combination of factors, including last year’s drought, increased costs, and supply chain issues, have put a lot of pressure on cattle producers across the country. Wowk estimates there has…