On Tuesday, communities in several provinces were under flood warnings, with areas near Sudbury, Ontario, and Gatineau, Quebec, declaring states of emergency. A 2022 report by Canada’s Task Force on Flood Insurance and Relocation estimated the average annual cost of residential flooding at about $2.97 billion, including both insured and uninsured losses. The task force’s wider analysis suggested flooding has caused roughly $1.5 billion in damage each year to households, property and infrastructure, with residential property owners bearing around three‑quarters of uninsured losses.
