At $32 billion, B.C. floods could be Canada's priciest natural disaster

Image Courtesy of CTV News
Image Courtesy of CTV News

By The Canadian Press, May 30, 2016 

VANCOUVER – A new study says the risk of a devastating flood in British Columbia’s Lower Mainland is increasing due to rising sea levels and other impacts of climate change.

The Fraser Basin Council says a major flood along the coast or the Fraser River could be the most costly natural disaster in Canadian history, with potential losses of about $32 billion.

The group says in its report that flood risks are projected to worsen over the next 85 years, both in size and frequency.

Read full report here….

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