Newspaper article The Canadian Press

U. of Waterloo, Intact Financial Seek Ways to Reduce Damage from Severe Weather

Newspaper article The Canadian Press

U. of Waterloo, Intact Financial Seek Ways to Reduce Damage from Severe Weather

Article excerpt

Insurer, university to do climate research

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WATERLOO, Ont. - The University of Waterloo and Intact Financial Corp. (TSX:IFC) have created a new research centre that will look for new ways to reduce weather-related property damage linked to climate change.

Intact will initially provide $4.25 million for a program focused on how to protect Canadian communities from severe precipitation, such as unusually heavy rains and ice storms.

Another program will identify how various Canadian industrial sectors are vulnerable to extreme weather.

The new Intact Centre on Climate Adaptation will be based in the university's environment faculty. The centre will monitor applied research from around the world and conduct its own research.

The ICCA will also launch a national Home Adaptation Audit Program (HAAP) to assess the vulnerability of homes to flood damage, and make specific recommendations to help homeowners avoid costly damage from extreme weather. …

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