Insured damage reported by Canadian insurers per year, in 2023 dollars
Insured damage reported by Canadian insurers per year, in 2023 dollars. 2024 was the highest on record at 8.55 billion in insured losses.
Table with 3 columns and 10 rows.
Year
Total loss ($ billion)
Notable severe weather events
2024
8.55
Calgary hailstorm, Jasper wildfire, remnants of Hurricane Debby, Greater Toronto Area (GTA) floods
2016
6.20
Fort McMurray, Alta., fire
2013
4.03
Alberta floods, Greater Toronto Area floods and ice storm
2022
3.61
Hurricane Fiona, Montreal storm
2023
3.61
Nova Scotia floods, B.C. wildfires
1998
2.94
Quebec ice storm
2021
2.56
Calgary hailstorm, B.C. floods and wildfires
2020
2.52
Fort McMurray flood, Calgary hailstorm
2018
2.49
Ontario and Quebec rainstorms and windstorms
2011
2.05
Slave Lake, Alta., fire and windstorm