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originally posted on opencanada.org

The Governor of the Bank of England Mark Carney recently delivered a well-received speech in London, U.K., to a community of financial sector representatives emphasizing the impact that climate change could have on financial sector stability.

The impact could be threefold. The first type of risk is direct — the increasing frequency of extreme weather events such as floods could have impacts on the insurance sector in particular, which will have to pay for the damage to insured property caused by these events.

The following article extract appeared in September 24th's Globe and Mail Report on Business:

Volkswagen committed the cardinal sin of greenwashing: Lying

Are you one of millions of Volkswagen owners who just can’t look your bug or Jetta in the headlights any more?...

A University of Waterloo student is the recipient of a prestigious Trudeau Foundation scholarship for her work on the future of Arctic governance.

Tahnee Prior, a global governance PhD student at the Balsillie School of International Affairs, hopes to define a new governance framework that will address the emerging and complex issues caused by climate change, resource extraction, migration and potential inter-state conflict in the Arctic.

A study released today assesses the level of preparedness of 15 major Canadian cities to limit flood damage. Commissioned by The Co-operators and written by Dr. Blair Feltmate from the Faculty of Environment at the University of Waterloo, the report aims to motivate cities to increase efforts to build resilience against flooding, and to provide a benchmark against which their progress can be measured. 

Ian Pinnell and International Development Student in his final year of study won a fellowship worth $20,000. The fellowship at MaRS Discovery District in Toronto will last eight months

The fellowship, named Studio [Y], focuses on social innovation. Pinnell was selected largely for his work with the National Youth Council of Malawi on his World University Service of Canada (WUSC) field placement.