atmospheric river

Canada's costliest catastrophe is flooding. Is your business prepared?

Canada's costliest catastrophe is flooding. Is your business prepared?

Floods are the costliest natural disaster in Canada in terms of property damage. Of the top 10 most expensive natural disasters in terms of insurance payouts in Canada, floods are responsible for four.2 We all remember the November 2021 atmospheric river in BC. The Insurance Bureau of Canada states that the insured damage of this event was $675 million.

ENSURING CANADA’S CRITICAL INFRASTRUCTURE SYSTEM IS READY AND RESILIENT

ENSURING CANADA’S CRITICAL INFRASTRUCTURE SYSTEM IS READY AND RESILIENT

Can you imagine what would happen if an incident such as a natural disaster compromised our transportation, food or even energy Critical Infrastructure (CI) systems? In November 2021, British Columbians didn’t have to. It became reality when an unprecedented amount of rain from an atmospheric river destroyed several highways, essentially cutting off access routes in and out of the south coast of the province.