January 29, 2018
On October 13th, 2017, the BC Ministry of Environment launched “world leading” new spill preparedness, response and recovery requirements to address public concerns regarding the impact of spills of regulated substances on the environment and the general public.
ICBC welcomes and plans to work with its insureds in the event of a spill.
Below are amendments to the Environmental Management Act:
1. Environmental Management Act...
January 19, 2018
Many regions in Canada have experienced a surge in cargo theft for 2017. According to the Insurance Bureau of Canada, there were calculated losses of $181 million in stolen cargo and equipment between 2014 and 2017. In the first quarter of 2017 alone, over $20 million in stolen cargo and equipment was reported; keeping in mind that there are many other thefts that go unreported so this total could actually be much higher.
Top Target Products...
November 01, 2016
Under construction at the University of British Columbia Point Grey Campus, the $51.1 million Brock Commons Student Residence in Vancouver is now the world’s tallest wood framed building.
The UBC student housing tower, a design collaboration by Vancouver’s Acton Ostry Architects and Structural Engineer Fast + Epp, rises 18 stories high and reaches a stunning 178.8 (53 meters) tall.
It is the first mass wood, steel, and concrete...
July 07, 2016
Climate change and the resiliency of cities has been a hot topic in recent weeks, particularly in the wake of the wildfire in Fort McMurray. The fire forced nearly 90,000 people from their homes and is expected to be the costliest disaster in Canadian history. According to the Insurance Bureau of Canada, there was approximately $3.6 billion in damages.
Extreme weather conditions such as wildfires and floods are becoming more frequent and more...
April 18, 2016
Construction deficiencies are common in all types of construction, including residential or commercial buildings, condominiums, roads, highways, and bridges.
In a perfect world, when construction deficiencies arise developers will stand behind their projects and undertake the repairs and remedial work. Unfortunately, in many cases insurance is not available and developers are unable to assist with the repairs due to high costs. Repairing...
March 24, 2016
Whether we are talking about copy right, safe design, professional negligence or various other matters, architects from all around face risks in many different areas. It is important for architects and engineers to understand what all these risks are, and to have appropriate strategies and plans in place to manage them.
Copy Right & Intellectual Property:
Some people say that imitation is the sincerest form of flattery. However, under...