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 in Canada caused $3.1 billion in insured damages in 2022

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.

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.

Be Among The First To Know

Sign up for a free account today, and receive top headlines in your inbox Monday to Saturday.

Sign Up with google Sign Up with facebook

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reset your password

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

A link has been emailed to you - check your inbox.



Don't have an account? Click here to sign up