Insured losses from severe weather events

STO-REC-STAT01M2KJT2 National
6 billionCAD

Canada · 2016

Insured losses from severe weather events in Canada stood at 6 billion CAD in 2016 (IBC).

Original source
Publisher
IBC
Authority tier
T2 National
Locator
2024 shatters record for costliest year for severe weather-related losses in Canadian history at $8.5 billion
Retrieved
15 Sep 2026
Status
Verified

What the source says

The tally shattered the previous record of $6 billion from 2016, following the Fort McMurray wildfires.

Verbatim extraction verified: The figure 6 billion CAD is directly attested in the quoted passage (2024 shatters record for costliest year for severe weather-related losses in Canadian history at $8.5 billion).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA
Insurance Bureau of Canada. (2016). Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents. Retrieved September 15, 2026, from https://www.ibc.ca/news-insights/news/insurance-bureau-of-canada-deploys-on-the-ground-support-for-bc-wildfire-evacuees-and-affected-residents. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M8K
MLA
Insurance Bureau of Canada. "Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents." 2016, https://www.ibc.ca/news-insights/news/insurance-bureau-of-canada-deploys-on-the-ground-support-for-bc-wildfire-evacuees-and-affected-residents. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M8K.
Chicago
Insurance Bureau of Canada. "Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents." 2016. https://www.ibc.ca/news-insights/news/insurance-bureau-of-canada-deploys-on-the-ground-support-for-bc-wildfire-evacuees-and-affected-residents. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M8K.
BibTeX
@misc{ibc2016insuredv71m8k, author = {{Insurance Bureau of Canada}}, title = {Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents}, year = {2016}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M8K}, note = {Original source: https://www.ibc.ca/news-insights/news/insurance-bureau-of-canada-deploys-on-the-ground-support-for-bc-wildfire-evacuees-and-affected-residents. Accessed September 15, 2026.} }

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of Custody · Verification Audit
Record: STO-REC-STAT01M2KJ T2 National

Primary Source

Publisher
Insurance Bureau of Canada · homepage ↗
Authority tier
Tier 2 · National Official
Report
Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents
Type
Press release
Published
Locator
2024 shatters record for costliest year for severe weather-related losses in Canadian history at $8.5 billion
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
15 September 2026
Last revision
15 September 2026
Archival URI
/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M8K