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Insurance Bureau of Canada says private company's sewer, water line warranty might not be worth it

Insurance Bureau of Canada says private company's sewer, water line warranty might not be worth it

According to the Insurance Bureau of Canada's director of consumer and industry relations for Ontario, it might not be worth it to sign up for a new, optional sewer and water line warranty program introduced last July by the City of Windsor. "Rather than going out and purchasing another policy, we recommend that consumers, homeowners, contact their own insurance company and see if, A, this coverage is part of their current policy, or, B, can they add it on as an optional coverage," said Pete Karageorgos, with the Insurance Bureau of Canada.

St. Lawrence water levels could wash away more than $1B

St. Lawrence water levels could wash away more than $1B

Rising water levels in the St. Lawrence Seaway could cost the economy more than $1 billion, shippers and port operators say. A new study from the Chamber of Marine Commerce warns that opening the floodgates further at a dam in Cornwall, Ont., would wash away between $1 billion and $1.75 billion in revenue for businesses on both sides of the border. A board of control recently increased the flow at the Moses Saunders Dam — the only control point on the St. Lawrence Seaway, which includes the Great Lakes — to allow 10,400 cubic metres of water per second out of Lake Ontario.