Climate Proof Canada has outlined key priorities it intends to pursue with the incoming federal government, emphasizing the need for insurance-focused solutions to address growing climate-related risks such as floods, wildfires, and extreme weather.
The coalition, which includes a range of organizations from the insurance industry, Indigenous groups, municipalities, environmental advocates and other sectors, works to advance public policies that strengthen Canada’s resilience to climate-related disasters. It advocates for coordinated action to reduce physical climate risks and improve economic and community stability.
The coalition is calling for policy measures to ensure new homes are affordable, resilient, and insurable. It notes the financial implications of building in high-risk areas and highlights the need to prioritize housing that can withstand future climate events. Retrofitting existing homes is another necessary step to reduce risk exposure and insurance costs over time.
Climate Proof Canada is also advocating for the development of a national disaster recovery strategy, designed in collaboration with all levels of government and Indigenous communities. Such a strategy, it argues, would support better preparedness and recovery, helping to manage financial losses and reduce the impact on insurers and households.
A key part of the coalition’s platform is the establishment of a national flood insurance program. It supports the introduction of a low-cost insurance product tailored for high-risk households currently without adequate protection. The coalition says this measure would help close the coverage gap and improve financial recovery following flood events.
In addition, Climate Proof Canada is calling for investments in infrastructure and trade corridors that account for climate risks, as well as increased collaboration between public and private sectors. It emphasizes that partnerships with Indigenous communities are essential to building inclusive and durable resilience strategies.
The organization also congratulated Prime Minister Mark Carney on forming the next federal government and welcomed all newly elected and returning Members of Parliament.
