Communities across our country have felt the severe impacts of climate change, and the need for climate resilience and mitigation remains our industry’s top priority, as we continue to face catastrophic loss. Too many Canadians have had to deal with the emotional and financial strain of losing a home, or the anxiety of evacuating from their community. This is why we are taking action to help prevent and prepare for future climate-related events.
Catastrophic weather events have presented us with one of the costliest years recorded and the financial impacts are felt through clients across the country. We want to see diverse voices contributing to effective policy and smart investment. The launch of Canada’s first National Adaptation Strategy was welcome news. And industry leaders have applauded the federal government’s commitment to a low-cost national flood insurance program. I look forward to seeing more operational funding.
Building consensus about how we prepare for and respond to climate change in Canada is essential, and Desjardins is actively involved in the transition to a low-carbon economy. Insurers want to continue working with different levels of government, industry partners and local organizations to meet the needs of communities across the country.
As we optimistically begin a new year, where the pressure of auto theft continues to decrease and the collective climate resiliency continues to increase, we are hopeful that 2025 will provide a more positive outcome for the industry and, more importantly, our members and clients. We commend the successful collaboration our industry and government agencies have maintained to help combat and reduce the severity of auto theft, and we are starting to see a positive change for drivers.
