Flood costs in Canada could nearly triple by 2030 with no mitigation

OTTAWA — A new analysis of flood risks suggests the yearly bills from overflowing rivers and rising seas could nearly triple by 2030 if Canada doesn’t do more to improve flood protection. The World Resources Institute, a Washington-based global think-tank, says flood damage to urban infrastructure will cost the world more than $700 billion a year by 2030. In Canada, […]