Flood costs in Canada could nearly triple by 2030 with no mitigation
The World Resources Institute, a Washington-based global think-tank, says flood damage to urban infrastructure will cost the world more than $700 billion a year by 2030
In Canada, the urban price tag could be close to $6.6 billion, nearly three times the cost in 2010.Story continues below advertisementSamantha Kuzma, one of the authors of the flooding project, says floods will also affect thousands more people each year, from about 200,000 in 2010, to more than 350,000 in 2030.
Climate change will be responsible for about one-third of the increased flood risks, but most can be blamed on population and economic growth that will see more people and businesses set up in areas becoming more prone to flooding.Kuzma says those numbers could change dramatically if countries make flood-mitigation a priority, with an estimate that Canadians can prevent more than $2 in damage costs for every $1 spent on things like dikes, berms and drainage.Read more: The Globe and Mail »
Time to move away from flood plains and river banks, cliffs and do not allow structures that impede water flow in above areas. Easy as pie. No fighting climate change is all about platitudes, taxes and indoctrination. The fact that civilizations throughout history either moved, adapted their infrastructure, or perished, is a mute point for today's Liberals.
Carbon tax money at work perhaps? Canada’s population grew by roughly half a million people in the last year.. how much of this potential future flooding has to do with a massive increase in infrastructure being built to house all these new people year after year? Tired of hearing “could” from “experts”...
Derp, stop building on flood plains. Morons.
Some employers are finding innovative ways to maintain student hiring‘The wage subsidy I think is where everyone should be looking,’ says Tobyn Sowden, referring to the Canada Emergency Wage Subsidy, which covers 75 per cent of eligible employers’ payroll costs
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Gap says may not have enough money to run operationsGap says may not have enough money to run operations GlobeBusiness rexglacer globebusiness Another once beloved all-American brand falls victim to the cheap quality, fast fashion at unwarranted high prices epidemic. Will they return manufacturing to the 🇺🇸? globebusiness Paywall article globebusiness Gap lost touch with their market!Fashion changes and GAP didn’t!
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Coronavirus deaths in Canada exceed 2,000BREAKING: The death toll in Canada from the novel coronavirus climbed above 2,000 on Thursday. Well at least it's not 47,800. Thank you everyone in Canada for doing your part! StayHome Thank you jjhorgan GovCanHealth JustinTrudeau fordnation Thanks - JustinTrudeau, PattyHajdu, CPHO_Canada. These deaths are on you. Criminal negligence. You chose to virtue signal over taking real action for months. Thanks china