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Canadian insurers face record costs from 2024 extreme weather
Canadian insurers face record costs from 2024 extreme weather

Damage from extreme weather in Canada last year pushed the bill facing insurers to an unprecedented CAN$8.5 billion ($5.9 billion), the Insurance Bureau of Canada said Monday. Previously, the most costly year for Canadian insurers was 2016, when a massive wildfire in an Alberta oil region contributed to insured damage costs of CAN$6.2 billion.

Trump's return threatens resurgence of trade wars
Trump's return threatens resurgence of trade wars

Donald Trump's second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries -- in moves that could trigger new trade wars.