Canadian floods cause $180mn insured loss
Flooding in eastern Ontario and western Quebec in April and May
this year generated more than C$223mn ($180mn) in insured losses,
the Insurance Bureau of Canada (IBC) has said.
Between 5 April and 7 April, a pair of low-pressure systems led
to major flooding in southern Quebec and wind damage across parts
of Ontario and Quebec.
The floods, which were coupled with strong gust winds, caused
over C$106mn in insured damage, the IBC said, citing data from
CatIQ.
Between 5...
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