Summer Calgary storms cause half a billion dollars in damage
Posted Dec 11, 2012 3:11 pm.
This article is more than 5 years old.
The Insurance Bureau of Canada has tallied up the cost of the August wind, flooding and hail storms in Calgary and say it caused $552 million in damages.
“Alberta has had a couple of storms along the way, heavy rains and thunderstorms in Edmonton back in July, that was another $106 million, and then the southern Alberta, Cardston to Nanton had $74 million,” said Steve Kee, Director of Media Relations with the Insurance Bureau of Canada. ” So there have been a number of events of the course of this year.”
The Bureau said for the third time in the last four years, total insured losses from severe weather in Canada is over $1 billion, including a number of events in Ontario.
“In October, ‘Superstorm’ Sandy, where rain and winds damaged the U.S. northeast including New York and Atlantic City, hit across Ontario and Quebec and topped $100 million in damages,” said Ralph Palumbo, Vice-President, Ontario with IBC. “In May, a weather system that hit Ontario and Quebec resulted in high winds and flooding amounted to $260 million in damages.”
“These types of weather events can have a devastating impact on communities, the safety of their residents and the protection of their property. Individuals and families can prepare themselves and reduce their vulnerability to severe weather by taking some simple precautions. IBC.ca has a number of simple tips to help you prepare for the worst.”
