Southern Alberta flood most expensive natural disaster in Canadian history: IBC
Edmonton – The Insurance Bureau of Canada says the June flood in southern Alberta is the costliest natural disaster in Canadian history.
The bureau says the latest estimate of the insured property damage now exceeds one-point-seven billion dollars.
I-B-C spokesman Bill Adams says in a release the number is staggering and is expected to go even higher.
Torrential rain over a period of five days prompted states of emergency in Calgary and a number of other communities.
Four people died and at least 100-thousand people were forced from their homes.