The Trudeau government plans to provide $14 billion in financial support for provincial governments across the country.
June 17, 2020 5:00PM
March 26, 2011 3:00AM
Unlike individuals or companies, governments in Canada and elsewhere commonly self-insure against risk. This means rather than purchase insurance externally, most governments accept the risks and associated costs. While this can be the most effective way for government to manage day-to-day risk, as we have seen from recent earthquakes in Japan and New Zealand, catastrophic events are another matter altogether.