Did you know that floods are the most frequent natural hazard in Canada? According to Public Safety Canada, floods are the country’s costliest natural disaster, with regards to property damage. Because floods can occur any time of year, in any region — floods affect hundreds of thousands of Canadians annually. And if your business operates in Metro Vancouver, you know all too well that this metropolis is one of Canada’s rainiest! If you are operating in other coastal areas, you can also be at risk of flooding from rising sea levels or storm surges. So what can you do to mitigate the effects of flooding?
After witnessing the devastating effects of the April 2016 earthquakes in Ecuador and Japan, it’s increasingly difficult to deny the importance of planning and preparing for earthquakes. According to the Insurance Bureau of Canada, over 60% of British Columbians live in a region where some of the largest earthquakes in the world occur. And, if you’re located in coastal areas, your chances of being affected increase. In the coastal state of California, the cost of earthquakes equates to over $60 billion in losses since 1971. The losses include the destruction of building and infrastructures, as well as losses in business operations.
Coastal towns are a popular tourist destination due to the picture-perfect views and stunning fiery sunsets over the ocean. Poseidon, the great Olympian god of the sea, rivers, floods and earthquakes, highlights the need to be prepared. After all, there are certain consequences faced when operating a business within the vicinity of such beauty and you never know when the earth may start to shake or the water and waves will rise. A disaster as tragic as any Greek myth may happen at any time – are you ready to combat the great Poseidon when the time comes?