Is Canada Becoming Uninsurable?

Is Canada Becoming Uninsurable?

From The Rundown by TVO

June 4, 2026 · 29 min

About this episode

The episode explores the implications of extreme weather on insurance in Canada and discusses forestry practices with Suzanne Simard.

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. See omnystudio.com/listener for privacy information.

People in this episode

Guests: Craig Stewart, Suzanne Simard

Topics covered

  • climate risk
  • insurance
  • extreme weather
  • forestry practices
  • carbon emissions

Keywords

  • Canada
  • insurance
  • extreme weather
  • climate risk
  • forestry
  • carbon bomb

Mentioned in this episode

Organizations: Mycinity

Books & works: When the Forest Breathes

Places: Canada, U.S.

More episodes of The Rundown

Explore listener stats, chart rankings, contacts and more on the The Rundown podcast page.