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Navigating the business continuity regulatory landscape in Canada

Ottawa River and Alexandra Bridge from Ottawa to Gatineau city of Quebec, Canada
Photo: Getty Images

Three in every four companies without a business continuity plan fail within three years of a natural disaster. Max Veve assesses Canadian regulation designed to prevent this.

By failing to prepare, you are preparing to fail, said Benjamin Franklin. Two centuries later, this quote continues to resonate with many, especially in the business world. It has, for instance, been estimated that 75% of companies without business continuity planning fail within three years of a natural disaster (see FEMA