The Insurance Bureau of Canada has placed a price tag on some of the damage caused by a pair of storms that hit eastern Ontario and southwestern Quebec this spring.
The industry association said Friday that the heavy rainfall combined with melting snow between April 5-7 and May 5-7 resulted in more than $223 million in insured damage.
The actual figure is likely much, much higher as most homeowners are not covered by so-called overland flood insurance.
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How The Ottawa Hospital uses AI tools to boost health outcomes and streamline clinical efficiency
Dr. Douglas Manuel says it all began with the Ottawa Ankle Rules algorithm, a set of clinical guidelines developed in the early 1990s by The Ottawa Hospital’s Dr. Ian Stiell
How The Ottawa Hospital uses AI tools to boost health outcomes and streamline clinical efficiency
Dr. Douglas Manuel says it all began with the Ottawa Ankle Rules algorithm, a set of clinical guidelines developed in the early 1990s by The Ottawa Hospital’s Dr. Ian Stiell
“While the insured damage from the spring floods is significant, the total cost to homeowners and government is not yet known,” said Craig Stewart, vice-president of federal affairs at the insurance bureau, in a statement.
More than a metre of rain fell on the region during the first week of May, drenching an area already saturated with melting snow. The spring flooding forced the closure of office buildings in Gatineau and forced the evacuation of nearly 850 people across the National Capital Region.
