Summer storms caused $300M+ in insured damage in Western Canada
Summer storms across Western Canada this summer, particularly in Alberta, resulted in hundreds of millions of dollars in insured damage.
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Summer storms across Western Canada this summer, particularly in Alberta, resulted in hundreds of millions of dollars in insured damage.
Two tornadoes that struck Alberta last month have been declared catastrophes, the Insurance Bureau of Canada (IBC) has announced.
A pair of tornadoes that flattened trees and caused significant damage to a number of properties in southern Alberta are expected to exceed $60 million in insured losses.
Damage is estimated at over $720 million in Ontario and $155 million in Quebec.
The insured cost of the November 2021 floods is nearly a third higher than previously thought, according to new numbers from the Insurance Bureau of Canada.