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Severe Weather Centre

One reliable source for insurance information following severe weather events.

Helping you stay informed and protected

From knowing how your insurance helps you recover and rebuild to answering your frequently asked insurance questions, we have all the information you need in one place.

Latest severe weather events

Get all the information you need about the most recent severe weather events in your region and across the country.

Severe weather help

  • Customer Information Centre
  • CAMP (Community Assistance Mobile Pavilion)
  • Severe Weather Insurance FAQs
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Customer Information Centre

Our expert staff are ready to answer your questions about insurance following severe weather events. From helping you understand how to file a claim to resolving insurance disputes, our Information Officers are here for you.

1-844-2ask-IBC (1-844-227-5422)

M-F 8:00 a.m. – 4:00 p.m. EST

Past severe weather events

The cost of severe weather in Canada

Noteworthy severe weather events in 2023 include the Atlantic Canada cold snap; Ontario and Quebec spring ice storm; the Tantallon, Nova Scotia, wildfire; Nova Scotia flooding; Prairies summer storms; the Winnipeg hailstorm; Ontario severe summer storms; the Okanagan and Shuswap, BC, area wildfires; and the Behchokǫ̀-Yellowknife and Hay River, NWT, wildfires.

Insured Damage for Severe Weather Events in 2023

Canada: Insured Catastrophic Losses in 2023

Canada’s Top 10 Highest Insured Severe-Weather Loss Years on Record (loss and adjusted expenses in 2022 dollars)

RankYearTotal loss ($ billion)Notable severe weather events
120165.96Fort McMurray, Alberta, fire
220133.87Alberta floods; Greater Toronto Area (GTA) floods; December GTA ice storm
320223.4Multiple events
420233.13Okanagan and Shuswap, BC, area wildfires; Nova Scotia flooding
519982.83Quebec ice storm
620212.48Calgary hailstorm; British Columbia floods
720202.46Fort McMurray flood; Calgary hailstorm
820182.40Multiple events: Ontario and Quebec rainstorms and windstorms
920111.97Slave Lake, Alberta, fire and windstorm
1020121.65Calgary rainstorm

Sources 1983–2007: IBC, PCS Canada, Swiss Re, Deloitte. 2008–2021: CatIQ

What we’re doing about the cost of severe weather

In today's world of extreme weather events, insured catastrophic losses in Canada now routinely exceed $2 billion annually, most of it due to water-related damage. In the decade before 2008, Canadian insurers averaged only $456 million a year in severe weather-related losses.

We continue to have in-depth discussions with the federal and provincial governments on ways to improve the resilience of communities and better manage the costs of flooding for high-risk residential properties in Canada.

In August 2022, Federal, provincial, territorial and governments and Indigenous organizations collaborated with insurers to finalize the "Task Force Report on Flood Insurance and Relocation”. The federal government is now examining options to create a national residential flood insurance program that will offer affordable insurance to all residents at high risk of overland flooding, including storm surge, through a public-private partnership. Most G7 countries already have such a program in place.