Trench Safety is coming to Kitchener & Ottawa! As of summer 2018, Cooper will have three Trench Safety specialty divisions! We're excited to give you more convenient access to our Trench Safety experts to solve all of your trenching needs. OUR NEW DIVISIONS WILL BE LOCATED AT: 1182 Victoria Street North, Unit 2 Kitchener, Ontario N2B 3C9 2780 Sheffield Road Ottawa, Ontario K1B 3V9 Managing the success of your construction business can be challenging in today’s evolving marketplace. When you partner with Aviva for your surety needs, you can count on us to provide you with: • Expert advice and consultation for your specific project • Our commitment to help you meet your business goals • A stable partnership focused on the long-term With more than 100 years of expertise behind us, you can trust Aviva as your valued business partner. Contact your broker to learn more. A partner you can trust Aviva and the Aviva logo are trademarks used under license by the licensor. avivacanada.com Insurance – Home | Auto | Leisure & Lifestyle | Business | Surety Managing the success of your construction business can be challenging in today’s evolving marketplace. When you partner with Aviva for your surety needs, you can count on us to provide you with: • Expert advice and consultation for your specific project • Our commitment to help you meet your business goals • A stable partnership focused on the long-term With more than 100 years of expertise behind us, you can trust Aviva as your valued business partner. Contact your broker to learn more. A partner you can trust Aviva and the Aviva logo are trademarks used under license by the licensor. avivacanada.com Insurance – Home | Auto | Leisure & Lifestyle | Business | Surety Managing the success of your construction business can be challenging in today’s evolving marketplace. When you partner with Aviva for your surety needs, you can count on us to provide you with: • Expert advice and consultation for your specific project • Our commitment to help you meet your business goals • A stable partnership focused on the long-term With more than 100 years of expertise behind us, you can trust Aviva as your valued business partner. Contact your broker to learn more. A partner you can trust Aviva and the Aviva logo are trademarks used under license by the licensor. avivacanada.com Insurance – Home | Auto | Leisure & Lifestyle | Business | Surety Managing the success of your construction business can be challenging in today’s evolving marketplace. When you partner with Aviva for your surety needs, you can count on us to provide you with: • Expert advice and consultation for your specific project • Our commitment to help you meet your business goals • A stable partnership focused on the long-term With more than 100 years of expertise behind us, you can trust Aviva as your valued business partner. Contact your broker to learn more. A partner you can trust Aviva and the Aviva logo are trademarks used under license by the licensor. avivacanada.com Insurance – Home | Auto | Leisure & Lifestyle | Business | Surety IN MY OPINION water, sewage, and storm drainage systems, as well as sea level rise necessitating higher sea walls. The science of climate change attribution is rapidly improving, which allows for identifying the specific contributions of individual companies to the costs for the public. Other cases target companies’ disclosure, including failures to disclose material financial risks to the company from adapting to the physical effects of climate change or from regulations coming into effect to address climate change. Q: Do you expect the risks to increase for Canadian companies? If so, why? A: In Canada, we’re seeing a much greater interest among the general populace as to the effects of climate change. As an example, we’re seeing this scrutiny play out in the daily headlines in regard to the Pan-Canadian Framework. There is interest across Canada in how the federal and provincial governments are wrestling with aligning their own specific interests and activities as they work to reduce their carbon footprint. There’s also pressure on Canada to comply with the Paris Agreement. One type of claim that Canadian companies are particularly vulner- able to are cases challenging the accuracy of companies’ disclosure, where companies fail to discuss material financial risks from the physical changes climate change is creating, or from the need for material capital investments to adapt to those changes, or from regulations needed for Canada to meet its obligations under the Paris Agreement. Kinder Morgan Canada’s preliminary securities prospectus to raise money last year was challenged by Greenpeace for discussing only the most optimistic of the International Energy Association (IEA) scenarios for future regulation and developments affecting demand for oil, and leaving out other IEA scenarios that showed the possibility of demand decreasing. The prospectus was revised in light of that challenge, and so there was no litigation, but that is the kind UNDERGROUNDER Fall 2018 25