Severe weather in Canada caused $3.1 billion in insured damages in 2022

Advertisement

Advertise with us

The Insurance Bureau of Canada says severe weather caused $3.1 billion in insured damage in Canada in 2022, from flooding to storms to Hurricane Fiona.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$0 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.75/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19 plus GST every four weeks. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

Hey there, time traveller!
This article was published 18/01/2023 (1034 days ago), so information in it may no longer be current.

The Insurance Bureau of Canada says severe weather caused $3.1 billion in insured damage in Canada in 2022, from flooding to storms to Hurricane Fiona.

That makes 2022 the third worst year for insured losses in Canadian history.

The bureau says no single event or particular region accounted for the majority of the insured damage in 2022, with disasters in almost every part of Canada last year.

Severe weather caused more than three billion dollars' worth of insured damage in Canada in 2022, from flooding to storms to Hurricane Fiona. A heavy machinery operator continues the cleanup from the post-tropical storm in Port aux Basques, N.L. on Thursday, Sept.29, 2022. THE CANADIAN PRESS/Frank Gunn
Severe weather caused more than three billion dollars' worth of insured damage in Canada in 2022, from flooding to storms to Hurricane Fiona. A heavy machinery operator continues the cleanup from the post-tropical storm in Port aux Basques, N.L. on Thursday, Sept.29, 2022. THE CANADIAN PRESS/Frank Gunn

That’s in contrast to a year like 2016, the worst year on record primarily because of the Fort McMurray, Alberta wildfire, which accounted for around three-quarters of national losses.

The most expensive extreme weather event for Canada in 2022 was the Ontario and Quebec derecho in May, which caused $1 billion in damages.

The other most expensive events included Hurricane Fiona, which cost $800 million, and the summer storms in Western Canada which cost $300 million.

This report by The Canadian Press was first published Jan. 18, 2023.

Report Error Submit a Tip