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Publication Date: January 20, 2026 - 13:53
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Severe weather caused more than $2.4-billion in insured damage in 2025
January 20, 2026
Insured damages caused by severe weather last year topped $2.4-billion, the Insurance Bureau of Canada says.
According to calculations by Catastrophe Indices and Quantification Inc., the March ice storm in Ontario and Quebec topped the list of most expensive weather events in 2025, followed by May wildfires in Manitoba and Saskatchewan, and storms across the Prairies in August.
January marks the 60th anniversary of the Canada Pension Plan, an appropriate time to assess how good of a deal the CPP has been. When the CPP was launched in 1966, Canadians contributed just 1.8 per cent of their pay, up to a maximum annual amount of $79.20. Employers made a matching contribution. In spite of the modest contributions, the politicians of the day decided that a full CPP pension should be payable as early as 1977. This created a deficit which will continue in perpetuity.
January 20, 2026 - 15:49 | Frederick Vettese | The Globe and Mail
There are renewed calls for an Indigenous-led inquiry into systemic racism in the justice system after the death of a Neqotkuk First Nation man who was shot by RCMP.
January 20, 2026 - 15:46 | Anna Mandin | Global News - Canada
Star moguls skier Mikael Kingsbury heads to the Milano-Cortina Winter Games looking for two medals as part of Canada's freestyle skiing team. Freestyle Canada and the Canadian Olympic Committee announced the 25-athlete team in a joint release on Tuesday.
January 20, 2026 - 15:46 | | CBC News - Canada

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