Is Canada Becoming Uninsurable? | The Rundown

As extreme weather drives parts of the U.S. toward becoming effectively uninsurable, what signals are emerging in Canada as fires, floods, and droughts intensify and reshape risk? Craig Stewart, co-founder and CEO of the climate risk company Mycinity, examines whether Canada is on a similar path and what that could mean for homeowners and insurers. Then, in part two of a wide-ranging conversation, Suzanne Simard, author of "When the Forest Breathes," takes a closer look at Canada's forestry practices, questioning how human intervention has altered natural systems and why she argues it has effectively detonated a carbon bomb. 00:00 Intro 0:59 Is Canada heading toward an insurance crisis? 3:31 Why climate risks are being hidden 4:33 Will Canada see insurance deserts? 5:55 Why you’re paying more for less coverage 7:35 Which regions are most at risk? 9:20 Should insurance prices be regulated? 11:49 What’s happening to Canada’s forests? 15:30 Are we creating wildfire-prone forests? 19:24 Can better forestry reverse the damage? About The Rundown: The Rundown is your nightly half-hour deep dive into just one headline. With host Jeyan Jeganathan, we’ll cover everything from housing and health care to climate and AI. We’ll break down why each topic matters, who’s living it, and what’s being done to make things better – starting right here in Ontario. Slow down. Tune in. Make sense of the moment. And tell us what you think. Follow on social media: Instagram – https://www.instagram.com/therundowntvo Facebook- https://www.facebook.com/TheRundownTVO X- https://twitter.com/therundowntvo Bluesky- https://bsky.app/profile/therundowntvo.bsky.social Subscribe to TVO Today to watch more content like this: https://www.youtube.com/@tvotoday Listen to the podcast: https://www.tvo.org/podcasts/the-rundown-audio Check out the rest of the TVO ecosystem TVO Docs - https://www.youtube.com/@tvo TVO Kids - https://www.youtube.com/@TVOkids TVO Learn - https://www.youtube.com/@tvolearn Download the TVO Today App Apple - https://apps.apple.com/ca/app/tvo-today/id1616182112 Available on: Roku, Apple TV, Android TV, Samsung, LG, Amazon Fire TV Enjoying this content and want to make a meaningful impact? Consider donating today! https://support.tvo.org/site/Donation2?mfc_pref=T&idb=599945504&df_id=16843&16843.donation=form1&DONATION_LEVEL_ID_SELECTED=1661&mfc_pref=T