The tornadoes that wreaked havoc across the National Capital Region last month – downing power lines and tearing the roofs off homes and businesses – caused $295 million of insured damages in Ottawa-Gatineau, according to the Insurance Bureau of Canada.
Homes, businesses and vehicles in Ottawa were hit for $192 million of insured damage when six tornadoes descended on the capital on Sept. 21, while the Gatineau side of the river saw $102 million in insurance payouts.
Among those making claims was Meat Press owner Etienne Cuerrier, who told OBJ he had his Ottawa delicatessen products well-insured before losing up to 120 kilograms of meat to the power outages.
OBJ360 (Sponsored)
Navigating the Second Trump Administration: Insights for Canadian Businesses
As Canadian businesses and governments continue to digest and consider the implications of the 2nd Trump administration, Fasken is leading in its efforts to support our network of clients and
Ottawa’s Paterson Group offers a million reasons to give
There’s a particular image that David Gilbert, President of Ottawa-based Paterson Group, is delighted to share. It’s a map of the Ottawa area and beyond covered with thousands of dots,
The IBC says insurance companies sent additional resources to Ottawa-Gatineau in the tornadoes’ wake to handle the high volume of claims. The industry association noted in a release that Canada has seen $1.7 billion in insured damages so far this year, and stressed the importance of understanding the extent of insurance coverage for homes and businesses when it comes to dangerous weather.
The nearly $300-million figure compares with $223 million in insured damages from a pair of floods that hit the Ottawa-Gatineau region after heavy rainfall in the spring of 2017. Hydro Ottawa CEO Bruce Conrad compared the tornadoes’ impact to that of the 1998 ice storm in the capital.
