February 2016

Atlantic Canada and the Costs of Climate Change: Making the Case for a National Flood Program

11:45am-1:30pm | Halifax Mariott Harbourfront Hotel - 1919 Upper Water St., Halifax

Nova Scotians know all too well the losses that flooding and other severe weather can inflict.

But neither Nova Scotians nor Canadians as a whole are ready for the increase in severe weather that climate change is bringing. Canada is the only G7 country without a national flood program.

Insurance Bureau of Canada (IBC) and the property and casualty insurance industry it represents believe Canada needs such a plan.

Don Forgeron, President and CEO of IBC and a native Nova Scotian, will speak on an initiative the industry is advocating for: a made-in-Canada program for managing flood risk. He will also address how flood and the IBC’s proposed plan will affect Atlantic Canada.

Fundamentally, flood protection is a pocketbook issue that can be managed by the private sector. An insurance-based solution will decrease the need for public disaster relief funds.

Creating a sustainable flood program will help contain the costs that stem from climate change, which in turn will help protect the finances of Nova Scotians and indeed all Canadians.

Ticket Price:
Individual seat: $75 +tax
Table (seats 10): $700 +tax

Don Forgeron

President and CEO
Insurance Bureau of Canada

Don Forgeron

IBC’s President and CEO since 2009, Don Forgeron has a successful track record of more than 25 years in the property and casualty (P&C) insurance industry. He has a strong foundation in the public and private sectors, having worked for Alberta’s Department of Environment and the National Research Council in Nova Scotia early in his career.

As President and CEO, Don works with Canadian governments and key stakeholders to build a strong, stable P&C industry and a stronger and safer Canada. He is leading a national conversation with governments and Canadians on the need to adapt to climate change and on the need to better prepare Canada for an earthquake.

Don is active internationally on behalf of Canada’s P&C insurance industry to provide input to international regulatory bodies. He is a founding member of the Global Federation of Insurance Associations and leads an international working group focused on disruption.

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