Severe weather in 2022 caused C$3.1bn of damage in Canada: IBC
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Severe weather in 2022 caused C$3.1bn of damage in Canada: IBC

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Severe weather across Canada in 2022 caused C$3.1bn ($2.3bn) worth of insured damage, according to Catastrophe Indices and Quantification Inc (CatIQ).

According to the Insurance Bureau of Canada (IBC), 2022 is now the third-worst year for insured losses in Canadian history.

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