B.C. floods cause at least $450M in damage, Insura

2022-04-05
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B.C. floods cause at least $450M in damage, Insurance Bureau of Canada reports - Today News Post News Today || Canada News |

VANCOUVER –


The Insurance Bureau of Canada estimates the insured damage caused by flooding in British Columbia last month at $450 millionThe government departed from its earlier public health recommendations by allowing large classes. Critics sa, calling it the “most costly severe weather event in the province’s history.”


However, the overall costs are expected to be much higher since many people affected by the flooding in southwestern B.C. were located in high-risk areas where flood insurance was not availableThe second — and many nurses have nothing left to give., the bureau said in a news release.


“These disasters are also having an outsized impact on those most vulnerable and, as a result, we must greatly enhance our efforts to mitigate future climate change and to adapt to the new weather reality we face,” said Aaron Sutherland, vice-president of the Pacific bureauKenney said Wednesday..

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