AGP Executive Report
Last update: 12 hours agoHome Insurance & Climate Risk: Statistics Canada says extreme weather drove catastrophe claims higher in 2024, with insurers still raising premiums as underinsurance grows—pushing the Insurance Bureau of Canada to demand a “decisive shift to adaptation.” Food Security & Grocery Costs: Ottawa unveiled a $3-billion food security strategy aimed at lowering costs and boosting Canadian production, while a separate national food security push targets more domestically processed food. Tobacco Rules: South Korea is rolling out blunter, more graphic cigarette warning labels starting Dec. 23, escalating its fight against smoking. Retail & Consumer Tech: Walmart+ launched in Canada with Amazon Prime-like perks, and a new TFSA investor profile highlights how Canadians are building portfolios around a mix of ETFs and select stocks. Canadian Business & Markets: Abaxx Technologies asked regulators to probe alleged manipulative trading after a short-seller attack, hiring Paul Weiss for its defense. Arctic Defense Procurement: Canada signed a deal with Australia for a $2.5-billion over-the-horizon radar system to strengthen northern early warning.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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