The Insurance Bureau of Canada says the storm was the most costly extreme weather event ever recorded in Atlantic Canada in terms of insured damages based on the estimate provided by CatIQ.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
As a result, the bureau says the overwhelming majority of costs for the disaster will be borne by government. The storm made landfall in Nova Scotia on Sept. 24 and ripped through the region, knocking out power to more than 500,000 customers in the Maritimes.This report by The Canadian Press was first published Oct. 19, 2022.
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