Canada's $8.5B Weather Losses
This is a Canada news story, published by vancouversun, that relates primarily to The Union of B.C. Municipalities news.
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climate resiliencevancouversun
•$8.5 billion disaster insurance loss record should be wake-up call: Experts and observers
74% Informative
Record-shattering $8.5 billion in weather-related insurance losses in Canada in 2024 .
Weather-related severe events in 2024 included a hailstorm in Calgary , floods in Eastern Canada , and an atmospheric river that hammered the B.C. southwest coast for several days in October .
Experts say climate change is forecast to bring more frequent and severe weather events.
Five of the worst seasons in the province have now taken place in the past decade .
The Union of B.C. Municipalities has repeatedly called on the government to take back authority for more than 1,100 kilometres of dikes that provide flood protection.
Local governments have the least ability to pay for climate resilience, says Kruger .
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