Intact Public Entities and Intact Financial Corporation provide $1 million to support climate resiliency in Canadian communities

Ten municipalities and not-for-profit recipients awarded grant funding to help native local weather change initiatives  

TORONTO, June 29, 2022 /CNW/ – Intact Public Entities (IPE) and Intact Monetary Company (TSX: IFC) are happy to announce that 10 communities throughout Canada will obtain grants to mitigate the dangers of flooding and wildfires. Intact’s granting funding, totalling $1 million, will go on to help the entrance traces – municipalities being affected by the impacts of a altering local weather. 

Doubling down on adapting to the impacts of local weather change is likely one of the pillars of Intact’s five-part climate strategy. “We’re proud to help native options for communities susceptible to the impacts of utmost climate like flooding and wildfire,” says Diane Flanagan, Deputy Senior Vice President, Company Affairs & Communications, IFC and Chair, Intact Basis. 

The ten chosen recipients signify municipalities and not-for-profit organizations throughout the nation and had been picked from a aggressive pool of 144 candidates. Their tasks vary from creating wetlands and rain gardens to scale back flooding in the neighborhood, to the implementation of incentive applications for owners to make their residences extra wildfire resilient. 

• British Columbia: Growing local weather resilience by wetland growth in Vancouver’s Downtown East Facet, EYA Environmental Youth Alliance Society, Vancouver
• Alberta:
• Wildfire mitigation incentive program, Lac La Biche County 
• FireSmart house motion rebate program, Regional Municipality of Wooden Buffalo, Fort McMurray   
• FireSmart home-owner incentive program, City of Whitecourt
• Ontario: Hearth break venture within the Municipality of Pink Lake, Balmertown
• Quebec
• Rain backyard program for the residents of Lac-Sergent, Fondation en environnement et développement sturdy
• Intervention plan for the Rivière à la Raquette watershed, Nature-Motion Québec Inc.
• Prince Edward Island: Flood danger discount rebate program, Metropolis of Charlottetown
• New Brunswick: Neighbourhood-level flood danger portal, Metropolis of Fredericton
• Nova Scotia: Hearth break venture round Acadia First Nation member communities, The Confederacy of Mainland Mi’kmaq, Truro  

“Municipalities play a important position in defending communities from the impacts of local weather change,” says Larry Ryan, President & Principal Dealer, Intact Public Entities. “The overwhelming response from municipalities demonstrates the rising have to put money into local weather resilience methods.” 

The Municipal Local weather Resiliency Grants prioritized tasks that mitigate flood or wildfire danger, have sturdy measurable outcomes, and could be scaled to different communities. Whereas some tasks have already begun, others will likely be gearing as much as make their communities stronger and extra resilient within the coming months. 

For extra details about the profitable grant recipients and their initiatives, go to www.intactpublicentities.ca/the-intact-foundation and Intactfc.com.  

Key info 

About Intact Monetary Company

Intact Monetary Company (TSX: IFC) is the most important supplier of property and casualty (P&C) insurance coverage in Canada, a number one supplier of worldwide specialty insurance coverage, and, with RSA, a pacesetter within the U.Okay. and Eire. Our enterprise has grown organically and thru acquisitions to over $20 billion of complete annual premiums. 

In Canada, Intact distributes insurance coverage underneath the Intact Insurance coverage model by a large community of brokers, together with its wholly-owned subsidiary BrokerLink, and on to shoppers by belairdirect. Intact additionally supplies affinity insurance coverage options by the Johnson Affinity Teams. 

Within the U.S., Intact Insurance coverage Specialty Options supplies a variety of specialty insurance coverage services by unbiased businesses, regional and nationwide brokers, and wholesalers and managing common businesses. 

Outdoors of North America, the Firm supplies private, business and specialty insurance coverage options throughout the U.Okay., Eire, Europe and the Center East by the RSA manufacturers. 

Intact Public Entities is an entirely owned subsidiary of Intact Monetary Company.  

SOURCE Intact Monetary Company

For additional data: Media Inquiries: Intact Media Relations, (416) 527-2331 [email protected]; Investor Inquiries: Shubha Khan, Vice President, Investor Relations, (416) 341-1464 x41004, [email protected]