Insurance Brokers Weigh in on Cannabis Micro-cultivator Boom
One sector of the burgeoning cannabis industry with its eye on the prize amid Canada’s shortage debate is the micro-cultivating market.
How Employee Dishonesty Insurance Can Protect Your Business Against Embezzlement
In recent news, former bookkeeper Colleen Dhuga, of Kelowna, BC, pleaded guilty to stealing $1.2 million from her Calgary employer over a six-year period, claiming that her gambling addiction was to blame when she was confronted by her employer. Dhuga admitted to forging hundreds of cheques and stealing from multiple company credit cards. She attempted…
Business Interruption and Why It’s Important
One of the most pressing business risks, and one that is feared by businesses from around the world, is Business Interruption (BI). Luckily, there is BI Insurance available that can cover your business’s physical or virtual damage in the event of a loss. BI insurance can benefit businesses of many shapes and sizes, including industrial…
Cannabis Micro-Cultivation Insurance in Canada
The buzz around micro cultivation is continuing to build both for those interested in starting their own business and for larger Licensed Producers (LPs) looking to partner with craft cannabis growers across Canada. Under the Cannabis Act, small-batch growers can apply for a micro-cultivation license. Under the regulations in the Act, a micro-cultivation license permits…
Alcohol and Cannabis Establishments: Do You Have the Right Coverage?
In our previous blog post, we discussed general host liability, which provides protection for the serving of alcohol by a non-liquor or cannabis-related business. If your company is directly alcohol-related, and is involved in manufacturing, selling or serving alcohol or cannabis, then host liquor policies under general liability insurance usually won’t protect you against claims.…
What Vehicle Modifications are Illegal in Alberta?
Photo credit: Nikoleta Antonak, @nikitafu A common question, but one you may not have a clear answer to: what vehicle modifications are illegal in Alberta? The answer can be found in the Traffic Safety Act, but keep in mind that many modifications that may be legal on the road might not sit well with your insurance…
Alcohol at Events and Your Company: What is Covered?
Whether you’re sharing a beer with employees on a Friday afternoon or hosting a company golf tournament, there’s more to think about when alcohol or cannabis is involved. As soon as you take on the roll of the “host”, you are responsible for ensuring that there are no negative consequences that result from providing and…
Alberta Cannabis Retail Market Update
Alberta is home to over one third of Canada’s legal cannabis stores. At 65 operational locations, the province has more open stores per capita than any other province. According to a report published by Statistics Canada, Canadians spent $43 million at cannabis shops in October, and a further $54 million in November. These numbers are…
The Current State of Auto Insurance in Alberta
What’s going on with Auto Insurance in Alberta? Ever since Alberta introduced its auto cap on automobile insurance premium increases, it has brought a number of risks as a result, including brokers losing their contracts with carriers, drivers being priced out of insurance coverage and an increased number of uninsured drivers on the roads. In…
Personalized License Plates you won’t catch on the road in Western Canada
Canadians love to express themselves, but some license plates are just too rude for the road. Manitoba’s Public Insurance (MPI) company revoked a Star Trek fan’s custom license plate after receiving complaints that it was offensive. The license plate read “ASIMIL8” and was a nod to The Borg species in Star Trek. Even if the…