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

The Insurance Bureau of Canada says extreme climate prompted $3.1 billion in insured injury in Canada in 2022, from flooding to storms to Hurricane Fiona.

That makes 2022 the third worst 12 months for insured losses in Canadian historical past.

The bureau says no single occasion or explicit area accounted for almost all of the insured injury in 2022, with disasters in virtually each a part of Canada final 12 months.

That’s in distinction to a 12 months like 2016, the worst 12 months on file primarily due to the Fort McMurray, Alberta wildfire, which accounted for round three-quarters of nationwide losses.

The costliest excessive climate occasion for Canada in 2022 was the Ontario and Quebec derecho in May, which prompted $1 billion in damages.

The different costliest occasions included Hurricane Fiona, which price $800 million, and the summer time storms in Western Canada which price $300 million.

These are the ten costliest pure disasters in Canada as measured by insurance coverage payouts, adjusted for inflation in 2021. This information is from the Insurance Bureau of Canada.

1. Fort McMurray wildfires (2016): $4 billion

2. Eastern ice storm (1998): $2.3 billion

3. Southern Alberta floods (2013): $1.8 billion

4. Alberta hailstorm (2020): $1.2 billion

5. Toronto flood (2013): $1 billion

6. Ontario-Quebec windstorm (2022): $1 billion

7. Hurricane Fiona (2022): $800 million

8. Toronto Flood (2005): $780 million

9. Ontario windstorm (2018): $695 million

10. British Columbia flood (2021): $675 million

This report by The Canadian Press was first revealed Oct. 19, 2022.