The Most Expensive Natural Disasters in Canada

According to the Insurance Bureau of Canada, the 10 most expensive natural disasters in Canada (adjusted for inflation in 2021) were:

 

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 published Oct. 19, 2022.