The Insurance Bureau of Canada says summer of 2024 is now Canada's most destructive season on record for insured losses due to severe weather events.
The bureau estimates the damages for a group of storms and wildfires at a combined $7 billion in insured losses, topping the $6.2 billion cost of the Fort McMurray, Alta., wildfire in 2016.
That's 10 times higher than the average $701 million a year for severe weather losses between 2001 and 2010.
IBC president Celyeste Power says wildfire in Jasper, Alta., flooding in southern Ontario and Quebec, and an Alberta hailstorm resulted in about 228,000 insurance claims, which is up 406 per cent compared with a two-decade average.
The agency is asking provincial and federal governments to respond to climate change as a crisis and collaborate in reducing disaster risk.
The bureau says severe weather in 2023 caused more than $3.1 billion in insured damage across Canada.
This report by The Canadian Press was first published Sept. 24, 2024.
A previous version incorrectly stated the cost of the 2016 Fort McMurray, Alta. wildfire. The cost is $6.2 billion, not million.
MPs in the House of Commons are debating the Conservatives鈥 non-confidence motion today, with Conservative Leader Pierre Poilievre calling for 'a carbon tax election,' and a return to what he called 'the Canadian promise' in a 20-minute speech.
An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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Pro Football Hall of Fame quarterback Brett Favre revealed Tuesday at a hearing on federal welfare reform that he has been diagnosed with Parkinson's disease.
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An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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Donald Trump flubbed the name of Charlottesville, Virginia, while going off script during a speech on Tuesday otherwise focused on economic policy, slamming U.S. Vice President Kamala Harris for lying about 'Charlottestown.'
Prince Harry said today's youth is in the midst of an 'epidemic' of anxiety, depression and social isolation due to negative experiences online, as he brought his campaign to help children and their parents navigate cyberspace to this week's Clinton Global Initiative.
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Japan's top diplomat asked China to ensure the safety of Japanese citizens there after the fatal stabbing of a Japanese schoolboy, and demanded a crackdown on what she called 'groundless, malicious and anti-Japanese' social media posts that threaten children's safety.
The son of the man suspected in the assassination attempt in Florida of former President Donald Trump has been arrested on federal charges of possessing child sexual abuse images.
The passenger in a car was killed when a horse smashed through the windshield during a series of crashes on a Southern California interstate over the weekend, authorities said.
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Prime Minister Justin Trudeau said many Canadians are taking their cost-of-living frustrations 'out on me for understandable reasons,' during his U.S. late-night television debut on 'The Late Show' with Stephen Colbert Monday night.
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Beverly Glenn-Copeland says he's been diagnosed with dementia and will play his final concert tour dates over the next two weeks.
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An ordinary day on the job delivering mail in East Elmwood quickly turned dramatic for Canada Post letter carrier Jared Plourde. A woman on his route was calling out in distress.
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An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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An image of the unidentified object shot down over Canada's Yukon territory in February 2023 has been obtained by CTVNews.ca.
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Newfoundland and Labrador sponsored a minor football team in England, now they鈥檙e about to play one of the biggest clubs in European soccer.
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