The devastating wildfire that ravaged Tantallon, Nova Scotia, from May 28 to June 4, 2023, has resulted in initial estimates of over $165 million in insured damage, according to Catastrophe Indices and Quantification Inc.
The majority of claims, approximately 90%, were related to personal property losses, highlighting the financial vulnerability of Canadians in the face of escalating natural catastrophes and severe weather events.
The unprecedented 2023 wildfire season has left parts of Atlantic Canada in ruins, emphasising the urgent need for enhanced disaster preparedness and increased resilience.
