2013: Comparing Canada's costliest disasters

Digital writers

Friday, January 24, 2014, 12:38 PM -

2013 will go down in the history books as Canada's worst year ever for insured losses.

The Insurance Bureau of Canada says there were over $3.2 billion in payouts.

About half that amount was for damage caused by the huge flood that hit southern Alberta in June.

SEE ALSO: How cold weather impacts the economy

In the video reports below, The Weather Network examines the recent findings with a closer look at the dollars and cents of those disasters.

CLICK TO WATCH: Deadly southern Alberta floods

At $1.74 billion in insured losses claimed, the floods in southern Alberta easily became the country's costliest natural disaster ever. The flash flood that followed shortly after in Toronto did it's own damage ringing in claims to the tune of $940 million.

CLICK TO WATCH: Eastern Canada's wicked ice storm not included

Officials say the $3.2 billion in payouts across Canada does not include the ice storm that hit southern Ontario and Atlantic Canada in late December. Losses from that event came to about $200 million.

Toronto's major storms of 2013 top $170 million, report advises city to seek disaster relief
How cold weather impacts the economy: A closer look at gas prices, retail stores and work habits
Another wet year? Early flood predictions for southern Alberta released
Six devastating ice storms from Idaho to the U.K.

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