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  • Canada fears for auto jobs after Stellantis announces US investment | Canada

    Canada fears for auto jobs after Stellantis announces US investment | Canada

    Canadian jobs are being “sacrificed on the Trump altar”, union leaders have warned, after the automaker Stellantis announced plans to transfer production of one Jeep model to the United States.

    Stellantis announced what it described as its largest US investment push in its 100-year history, saying the $13bn cash injection would create 5,000 jobs across the midwestern United States.

    Stellantis told AFP that “as part of this announcement, we will move one model from Canada to the US.”

    Unifor, Canada’s largest private-sector union representing thousands of autoworkers, said the model in question was the Jeep Compass, which will shift from a plant in Brampton, Ontario, to Illinois.

    Unifor leaders said the jobs were yet more casualties of Donald Trump’s trade war.

    “Canadian auto jobs are being sacrificed on the Trump altar,” Lana Payne, Unifor’s national president, said in a statement, calling on Mark Carney’s government “to use Canada’s leverage now to fight for our auto jobs”.

    Doug Ford, Ontario’s premier, called the announcement “painful” for workers.

    “I have spoken with Stellantis to stress my disappointment with their decision to prioritize investment in the US,” Ford said, also urging Carney “to stand up for the 157,000 workers in Ontario’s auto sector”.

    Reshoring auto jobs has been a central plank of Trump’s trade policy.

    Canada has been partly spared from his global auto sector tariffs through an existing North American trade pact.

    But the levies in place have created uncertainty for Canadian autoworkers.

    Carney, who met with Trump in Washington last week to advance trade talks, has expressed optimism about the prospects for a deal to cut tariffs in certain sectors such as aluminum, but a breakthrough on autos appears less promising.

    Reacting to the Stellantis announcement, Carney said the company’s decision was “a direct consequence of current US tariffs”.

    He said his government would continue to prioritize investments “that will transform our economy from being overly reliant on our largest trade partner [the US]”.

    Rafael Gomez, an industrial relations experts at the University of Toronto, told AFP that Canada needs to be prepared for a steady loss of auto assembly jobs over the coming years.

    Trump will not relent on tariffs designed to ensure more cars are made in the US, Gomez said.

    “Think of the photo op – cutting a ribbon in front of the first new Jeep made in Illinois in years,” he added.

    Canada should prioritize being an essential provider of auto parts to serve US assembly plants, Gomez said.

    Stellantis told AFP it remains committed to Canada.

    “We have been in Canada for over 100 years, and we are investing,” the company said in a statement.

    “We have plans for Brampton and will share them upon further discussions with the Canadian government.”

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  • Jessel Taank, Jenna Lyons, Sai de Silva and More at Oushq x CFDA Party

    Jessel Taank, Jenna Lyons, Sai de Silva and More at Oushq x CFDA Party

    The Council of Fashion Designers of America (CFDA) and retail platform Oushq joined forces to celebrate Diwali with an intimate cocktail and dinner event in New York City on Tuesday. The gathering took place at Obvio in Manhattan and was cohosted…

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  • Just a moment…

    Just a moment…

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  • BNG risks and insurance considerations| Marsh

    BNG risks and insurance considerations| Marsh

    Nature loss and biodiversity decline are a growing challenge for multiple business sectors and have given rise to new regulatory efforts to reverse these trends. One example is the new UK biodiversity net gain (BNG) legislation, which requires developers in England to enhance habitats and achieve a 10% increase in biodiversity over 30 years, making it a central element of property development. 

    This regulation introduces long-term risks not only for developers but also for a wide range of professionals — including architects, surveyors, design specialists, engineers, and planners — who are either directly exposed to BNG-related risks or depend on others involved in these projects. 

    BNG implementation 

    The BNG regulation requires developers to submit a biodiversity gain plan approved before construction begins (definitions can be found here). Developers can achieve BNG — also called the biodiversity gain hierarchy in Article 37A of the regulations — in three ways: 

    1. Onsite within the red line boundary of a development site. 
    2. Offsite biodiversity gains, if onsite is not possible. Developers can either make offsite biodiversity gains on their land outside the development site or buy offsite biodiversity units on the market.
    3. As a last resort, through statutory biodiversity credits bought from the government. 

    Developers can combine all three options to reach a 10% BNG, but must follow the steps in sequence, with onsite solutions often being the preferred approach. In many cases, reducing the hardstanding areas of buildings to create more fallow land for biodiversity projects proves to be the most cost-effective method to achieve BNG goals. Additionally, green roofs and other biodiversity measures are being integrated into buildings, fulfilling compliance requirements and adding value for owners and occupants.

    Achieving BNG onsite is widely regarded as providing more control over biodiversity contributions and compliance, thereby reducing liability risks. In contrast, transferring BNG obligations offsite shifts both control and liability to the third party responsible for managing that project, which can create uncertainties that are difficult to manage.

    BNG’s potential role in flood risk management

    One opportunity for achieving BNG offsite could be through nature-based flood risk management initiatives, with some local authorities looking at whether BNG credits could be used as funding for flood resilience schemes (BNG guidelines for local planning authorities can be found here). For example, in Hull — an area severely affected by flooding in 2007 — a network of ponds has been created to protect homes and businesses in flood-prone zones. These ponds provide flood protection, enhance biodiversity, and create valuable community green spaces. There is ongoing research on whether BNG credits could be used as a funding mechanism to support this and similar projects.

    Risks associated with BNG compliance

    Whether biodiversity goals are achieved onsite or offsite, developers and professionals involved in these projects face a range of BNG risks. 

    A principal risk is compliance: failing to achieve the mandated 10% biodiversity net gain can result in financial penalties and reputational harm. For example, a five-year-old green roof in central London was underperforming after the original developer sold it. In another case, incorrect species were planted as part of a BNG project and had to be removed and replaced. 

    These examples highlight the need for long-term commitment from the entire supply chain to ensure project sustainability and, crucially, an understanding of how this will be monitored. However, it is important to note that areas dedicated to biodiversity can become more ecologically diverse over time as habitats become established. Therefore, it may be the case that many BNG projects actually exceed their 10% target.

    Additionally, there is currently a shortage of skilled ecologists in the UK, which can lead to operational risks. These professionals are often essential for conducting baseline surveys and habitat assessments critical to BNG compliance. Without timely access to qualified ecologists, site surveys may be delayed, potentially pushing back project start dates and disrupting overall planning.

    Insurance considerations

    The role of risk transfer in addressing biodiversity-related risks is increasing, accompanied by the emergence of new products. Long-established insurance solutions — such as environmental impairment liability (EIL), directors and officers (D&O), and business interruption (BI) insurance — already help corporates address nature-related vulnerabilities by covering loss events typically excluded by traditional policies. 

    In addition, parametric insurance solutions have been developed to augment EIL and BI products by complementing their limits and exclusions. Technological innovations, such as remote sensing and advanced modelling, enable insurers to expand cover to new types of risks. Recent innovations are designed to help businesses manage nature loss risks, build resilience to climate physical risks, and mitigate the impacts of climate transition risks by de-risking decarbonisation efforts. 

    Comprehensive insurance coverage is essential to protect against potential claims arising from failures or inaccuracies in delivering BNG. Ecologists and environmental consultants are expected to play an increasingly significant role in BNG compliance, and although many have not traditionally held professional indemnity (PI) insurance, this may change in the future. 

    It is advisable to verify the PI coverage of all stakeholders involved in a project, with the level of insurance typically reflecting the project’s scale. Additionally, clear contractual arrangements providing clarity over the scope and limitations of a professional’s involvement are vital, particularly given the 30-year maintenance commitment associated with BNG projects. And while the exact financial penalties for non-compliance remain uncertain at present, they could increase over time.

    For more information on BNG, please contact your Marsh risk advisor.

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  • Country star to play second night at Slane Castle

    Country star to play second night at Slane Castle

    Getty Images Luke Combs performs during 2025 Austin City Limits Music Festival at Zilker Park. He has a brown beard is wearing a camo baseball cap, wearing a black short sleeve shirt and playing a guitar singing into a microphone.Getty Images

    The 35-year-old will play a second consecutive night at Slane Castle in the Republic of Ireland in 2026 “due to overwhelming demand”

    Luke Combs is to play a second night at Slane Castle in the Republic of Ireland in 2026 “due to…

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  • INIU Brings Fast, Reliable Portable Charging to Target

    INIU Brings Fast, Reliable Portable Charging to Target

    Los Angeles,CA, Oct. 15, 2025 (GLOBE NEWSWIRE) —

    INIU Brings Fast, Reliable Portable Charging to Target Stores Nationwide

    Global smart charging brand INIU announced it will debut four new portable chargers at Target starting October…

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  • Research Tip Sheet: Study Of Fossils Answers Evolutionary Questions And Links To Modern Medicine

    On this World Anatomy Day, Oct. 15, experts in the Center for Functional Anatomy and Evolution at Johns Hopkins Medicine are working to find answers to evolutionary mysteries. Using modern tools to take a closer look at the fossil…

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  • Just a moment…

    Just a moment…

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  • Drug-resistant Salmonella rife in Uganda’s poorest region

    Drug-resistant Salmonella rife in Uganda’s poorest region

     

     

    In the dry, isolated area of Karamoja in northeastern Uganda – the country’s poorest sub-region – children have long suffered from malnutrition and water shortages.

    Now a study has shown that nearly half the food and water…

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  • Immune Activation During Pregnancy: Sex-Selective Disruption of Fetal Brain Development Leads to Lasting Changes in Memory Circuits

    Immune Activation During Pregnancy: Sex-Selective Disruption of Fetal Brain Development Leads to Lasting Changes in Memory Circuits

    According to data collected in 2024, there are approximately 60 million adults aged 65 and older living in the United States, representing about 18% of the total population. This number is projected to increase significantly over the coming…

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