According to statistics, Nova Scotia province accounts for more than 50% of the damage, with more than 385 million USD, followed by the Prince Edward Island area with 220 million USD.
Hurricane Fiona is the most extreme weather phenomenon in the history of the Eastern region bordering the Atlantic of Canada and a natural disaster causing the 10th highest damage to Canada to consider the number of insurance payments.However, many residents are influenced by storms living in areas at high risk of floods and mudflats are areas that are not in the flood insurance area.Therefore, the majority of damage caused by this disaster will be paid by the government.
Vice President in charge of the Atlantic Arahant Region of Canada Insurance Department, Amanda Dean emphasized that the level of damage caused by storm Fiona shows the importance of strengthening the resistance to extreme weather and priorities.protect people from the impact of climate change.
Hurricane Fiona flooded Eastern Canada on September 24, causing strong winds, heavy rain, large waves, spilling trees, leading to a large -scale power outage.Floods have swept away dozens of houses to the sea, mainly in the town of Port Aux Basques.
Expenses for insurance due to extreme weather has increased 4 times across Canada since 2008, with compensation for damage caused by natural disasters up to 2 billion CAD/year (1.6 billion USD/year).
Previously, the average number in the period from 2001-2010 was 632 million USD/year.Of the 10 most damaged natural disasters in Canada, 5 natural disasters occurred in the past 5 years, including floods at British Columbia in 2021, causing damage of 675 million USD and hail in Alberta in 2020, causing damage 1 damage 1., 2 billion USD.