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Abstract. The Interior of Western Canada, up to and including the Arctic, has experienced rapid change in its climate, hydrology, cryosphere and ecosystems and this is expected to continue. Although there is general consensus that warming will occur in the future, many critical issues remain. In this first of two articles, attention is placed on atmospheric-related issues that range from large scales down to individual precipitation events. Each of these is considered in terms of expected change organized by season and utilizing climate scenario information as well as thermodynamically-driven future climatic forcing simulations. Large scale atmospheric circulations affecting this region are generally projected to become stronger in each season and, coupled with warming temperatures, lead to enhancements of numerous water-related and temperature-related extremes. These include winter snowstorms, freezing rain, drought as well as atmospheric forcing of spring floods although not necessarily summer convection. Collective insights of these atmospheric findings are summarized in a consistent, connected physical framework.

Abstract Bulk microphysics parameterizations that are used to represent clouds and precipitation usually allow only solid and liquid hydrometeors. Predicting the bulk liquid fraction on ice allows an explicit representation of mixed-phase particles and various precipitation types, such as wet snow and ice pellets. In this paper, an approach for the representation of the bulk liquid fraction into the predicted particle properties (P3) microphysics scheme is proposed and described. Solid-phase microphysical processes, such as melting and sublimation, have been modified to account for the liquid component. New processes, such as refreezing and condensation of the liquid portion of mixed-phase particles, have been added to the parameterization. Idealized simulations using a one-dimensional framework illustrate the overall behavior of the modified scheme. The proposed approach compares well to a Lagrangian benchmark model. Temperatures required for populations of ice crystals to melt completely also agree well with previous studies. The new processes of refreezing and condensation impact both the surface precipitation type and feedback between the temperature and the phase changes. Overall, prediction of the bulk liquid fraction allows an explicit description of new precipitation types, such as wet snow and ice pellets, and improves the representation of hydrometeor properties when the temperature is near 0°C.

Abstract We develop a portfolio credit risk model that includes firm‐specific Markov‐switching regimes as well as individual stochastic and endogenous recovery rates. Using weekly credit default swap premiums for 35 financial firms, we analyze the credit risk of each of these companies and their statistical linkages, putting emphasis on the 2005–2012 period. Moreover, we study the systemic risk affecting both the banking and insurance subsectors.

Abstract Climate change can cause negative impacts to the agricultural sector by increasing pest damage to crops. The European corn borer (ECB) is a major insect pest of corn in North America. Its speed of development could potentially accelerate under a warmer climate, leading to an earlier development of the first generation and an increase in the number of generations per year. The main objective of this study was to assess the potential impacts of climate change on ECB management for the future period 2041–2070 in Quebec, Canada, using bioclimatic modelling and climate analogues. First flight of ECB moths could occur about 15 days earlier in the season in 2041–2070 compared to the reference period 1970–1999. The window for insecticide interventions may be reduced under climate change by 15.6% to 27.8% for univoltine ECB and by 13.8% to 52.7% for bivoltine ECB. Climate change could promote the development of an additional generation in the southern region for both races, considering temperature increases and factors inducing the overwintering diapause. ECB management could become more costly both economically and environmentally under the future climate, and it should be revised according to the results of this study.

We compare ensemble mean daily precipitation and near‐surface temperatures from regional climate model simulations over seven Coordinated Regional Climate Downscaling Experiment domains for the winter and summer seasons. We use Taylor diagrams to show the domain‐wide pattern similarity between the model ensemble and the observational data sets. We use the Climatic Research Unit (CRU) and the University of Delaware gridded observations and ERA‐Interim reanalysis data as an additional observationally based estimate of historical climatology. Taylor diagrams determine the relative skill of the seven sets of simulations and quantify these results in terms of center pattern root‐mean square error and correlation coefficient. Results suggest that there is good agreement between the models and the CRU, in terms of their respective seasonal cycles, as shown in Taylor diagrams and bias plots. There is also good agreement between both gridded observation sets. In addition, downscaled ERA‐Interim precipitation is closer to observations than raw ERA‐Interim precipitation. Domains located in the low latitudes and those having high topography appear to have larger biases, especially precipitation.

Abstract Ocean‐land thermal feedback mechanisms in the Indian Summer Monsoon (ISM) domain are an important but not well understood component of regional climate dynamics. Here we present a δ 18 O record analyzed in the mixed‐layer dwelling planktonic foraminifer Globigerinoides ruber ( sensu stricto ) from the northernmost Bay of Bengal (BoB). The δ 18 O time series provides a spatially integrated measure of monsoonal precipitation and Himalayan meltwater runoff into the northern BoB and reveals two brief episodes of anomalously low δ 18 O values between 16.3±0.4 and 16±0.5 and 12.6±0.4 and 12.3±0.4 thousand years before present. The timing of these events is centered at Heinrich event 1 and the Younger Dryas, well‐known phases of weak northern hemisphere monsoon systems. Numerical climate model experiments, simulating Heinrich event‐like conditions, suggest a surface warming over the monsoon‐dominated Himalaya and foreland in response to ISM weakening. Corroborating the simulation results, our analysis of published moraine exposure ages in the monsoon‐dominated Himalaya indicates enhanced glacier retreats that, considering age model uncertainties, coincide and overlap with the episodes of anomalously low δ 18 O values in the northernmost BoB. Our climate proxy and simulation results provide insights into past regional climate dynamics, suggesting reduced cloud cover, increased solar radiation, and air warming of the Himalaya and foreland areas and, as a result, glacier mass losses in response to weakened ISM. , Plain Language Summary Indian Summer Monsoon rainfall and Himalayan glacier/snow melts constitute the main water source for the densely populated Indian subcontinent. Better understanding of how future climate changes will affect the monsoon rainfall and Himalayan glaciers requires a long climate record. In this study, we create a 13,000‐year‐long climate record that allows us to better understand the response of Indian Summer Monsoon rainfall and Himalayan glaciers to past climate changes. The focus of our study is the time window between 9,000 and 22,000 years ago, an episode where the global climate experienced large and rapid changes. Our sediment record from the northern Bay of Bengal and climate change simulation indicate that during episodes of weak monsoon, the melting of the Himalayan glaciers increases substantially significantly. This is because the weakening of the monsoon results in less cloud cover and, as a result, the surface receives more sunlight and causes glacier melting. , Key Points Core sediments from the northern Bay of Bengal are a viable archive to reconstruct past changes in monsoonal and Himalayan meltwater runoff Weak monsoon reduces cloud cover and leads to increased radiative flux over the Himalaya and foreland areas and causes glacier mass loss A spatially integrated record of monsoon and Himalayan climate provides insights into regional climate dynamics

Abstract. Precipitation events that bring rain and snow to the Banff–Calgary area of Alberta are a critical aspect of the region's water cycle and can lead to major flooding events such as the June 2013 event that was the second most costly natural disaster in Canadian history. Because no special atmospheric-oriented observations of these events have been made, a field experiment was conducted in March and April 2015 in Kananaskis, Alberta, to begin to fill this gap. The goal was to characterize and better understand the formation of the precipitation at the surface during spring 2015 at a specific location in the Kananaskis Valley. Within the experiment, detailed measurements of precipitation and weather conditions were obtained, a vertically pointing Doppler radar was deployed and weather balloons were released. Although 17 precipitation events occurred, this period was associated with much less precipitation than normal (−35 %) and above-normal temperatures (2.5 ∘C). Of the 133 h of observed precipitation, solid precipitation occurred 71 % of the time, mixed precipitation occurred 9 % and rain occurred 20 %. An analysis of 17 504 precipitation particles from 1181 images showed that a wide variety of crystals and aggregates occurred and approximately 63 % showed signs of riming. This was largely independent of whether flows aloft were upslope (easterly) or downslope (westerly). In the often sub-saturated surface conditions, hydrometeors containing ice occurred at temperatures as high as 9 ∘C. Radar structures aloft were highly variable with reflectivity sometimes >30 dBZe and Doppler velocity up to −1 m s−1, which indicates upward motion of particles within ascending air masses. Precipitation was formed in this region within cloud fields sometimes having variable structures and within which supercooled water at least sometimes existed to produce accreted particles massive enough to reach the surface through the relatively dry sub-cloud region.

Abstract A freezing rain event, in which the Meteorological Centre of Canada’s 2.5-km numerical weather prediction system significantly underpredicted the quantity of freezing rain, is examined. The prediction system models precipitation types explicitly, directly from the Milbrandt–Yau microphysics scheme. It was determined that the freezing rain underprediction for this case was due primarily to excessive refreezing of rain, originating from melting snow and graupel, in and under the temperature inversion of the advancing warm front ultimately depleting the supply of rain reaching the surface. The refreezing was caused from excessive collisional freezing between rain and graupel. Sensitivity experiments were conducted to examine the effects of a temperature threshold for collisional freezing and on varying the values of the collection efficiencies between rain and ice-phase hydrometeors. It was shown that by reducing the rain–graupel collection efficiency and by imposing a temperature threshold of −5°C, above which collisional freezing is not permitted, excessive rain–graupel collection and graupel formation can be controlled in the microphysics scheme, leading to an improved simulation of freezing rain at the surface.