Intact Financial, Intact Public Entities provide $1 million in climate resilience support

Intact Financial, Intact Public Entities provide $1 million in climate resilience support | Insurance Business Canada

Intact Financial, Intact Public Entities provide $1 million in climate resilience support

Intact Financial Corporation and its wholly owned subsidiary Intact Public Entities (IPE) have announced that they will provide monetary grants to several communities and charities, to help them mitigate the risks of wildfires and flooding.

In total, the insurer will provide $1 million to 10 communities and charities – particularly those groups and municipalities that are most affected by the impacts of a changing climate. The “Municipal Climate Resiliency Grants” will prioritize projects that mitigate either wildfire or flooding risks, have strong measurable outcomes, and can be scaled to other communities.

According to Intact, it selected 10 recipients of the $1 million grant from a pool of 144 applicants. The recipients are:

  • British Columbia:
    • Increasing climate resilience through wetland development in Vancouver's Downtown East Side, EYA Environmental Youth Alliance Society, Vancouver
  • Alberta:
    • Wildfire mitigation incentive program, Lac La Biche County
    • FireSmart home action rebate program, Regional Municipality of Wood Buffalo, Fort McMurray  
    • FireSmart homeowner incentive program, Town of Whitecourt
  • Ontario:
    • Fire break project in the Municipality of Red Lake, Balmertown
  • Quebec:
    • Rain garden program for the residents of Lac-Sergent, Fondation en environnement et développement durable
    • Intervention plan for the Rivière à la Raquette watershed, Nature-Action Québec Inc.
  • Prince Edward Island:
    • Flood risk reduction rebate program, City of Charlottetown
  • New Brunswick:
    • Neighbourhood-level flood risk portal, City of Fredericton
  • Nova Scotia:
    • Fire break project around Acadia First Nation member communities, The Confederacy of Mainland Mi'kmaq, Truro 

“We are proud to support local solutions for communities vulnerable to the impacts of extreme weather like flooding and wildfire,” said Intact deputy senior vice president of corporate affairs & communications and Intact Foundation chair Diane Flanagan.

“Municipalities play a critical role in protecting communities from the impacts of climate change,” said IPE president and principal broker Larry Ryan. “The overwhelming response from interested municipalities demonstrates the increasing need to invest in climate resilience strategies.”