Canada's Costly Fort McMurray Wildfire

Canada's Costly Fort McMurray Wildfire

The Fort McMurray wildfire, which was first reported on May 1, 2016, and not declared under control until July 5, 2016, destroyed more than 2,400 homes and buildings and forced the evacuation of 80,000 people in Alberta, Canada. Although no one died directly from the fire, it is expected to be one of the most-expensive natural disasters in Canada's history, with insurance and firefighting costs expected to reach up to $5 billion, a figure large enough to negatively impact the country's overall economy.

NEWEST V1 MEDIA PUBLICATION

December Issue 2022