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August 3, 2016

The fault lines from a major earthquake in Canada could quickly spread through the insurance industry and have a systemic financial impact, according to a new report from the C.D. Howe Institute. In “Fault Lines: Earthquakes, Insurance, and Systemic Financial Risk,” author Nicholas Le Pan, former federal Superintendent of Financial Institutions, urges policymakers to take several steps now to avert this chain of events.

Pour lire ce rapport en français, cliquez ici.

Nicholas Le Pan

A Senior Fellow at the C.D. Howe Institute, Mr. Nicholas D. Le Pan served as a Superintendent of Financial Institutions for Canada from 2001 to 2006 and as a Deputy Superintendent, Office of the Superintendent of Financial Institutions, Canada (OSFI) since May 2000.