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).
- 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
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