Ver2 Wildfire Factsheet 3 (economy) The Rippling Effects of Wildfires The rise in the number and severity of wildfires results in increased losses, heightened risks, the need for additional firefighting resources, elevated health- care expenses and higher insurance premiums. [...] The Government of Canada has announced more than The health-care related spending for $100 million to restore wildfire- wildfires was estimated to be $1.28 impacted forests and rehabilitate billion just for June 4-8, 2023, in reserve lands damaged by wildfires. [...] Insurance The 2023 wildfire season in Canada Climate change-induced volatility has incurred insurance costs exceeding rattled the global insurance market, $945 million, surpassing expenses raising concerns about long-term from all other extreme weather insurance affordability in Canada due to events that year. [...] Canadians in obtaining and affording wildfire insurance in the future, with During major weather events, insurers premiums already rising. [...] (506) 458-8747 breathe, the water we drink, the precious marine ecosystem E.info@conservationcouncil.ca and the land, including the forests, that support us.
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- Expenses include specialized equipment transportation personnel personal protective gear wildfire training and related items. Nationally wildland fire protection costs surpassed annually. 1
- 1 billion 1
- 1.5 billion 1.5-billion 1
- 100 million 1
- The health-care related spending for wildfires was estimated to be just for June 4-8 2023 in Ontario alone. 1
- 1.28 billion 1
- 945 million 2
- 180 St. John Street Fredericton New Brunswick Canada E3B 4A9 T. 506 458-8747 E.infoconservationcouncil.ca 2
- Established in 1969 the Conservation Council of New Brunswick is the provinces leading public advocate for environmental protection. 2
