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Canada Day brought catastrophic summer storms to Ontario and Quebec, causing $439 million in insured damage — and likely far more when uninsured losses and infrastructure costs are factored in. Ottawa shattered its daily rainfall record with 118mm in one day, flooding streets, highways, and over 4,500 basements. Experts blame climate change for more frequent, severe storms, compounded by aging infrastructure and more homes built in flood zones. Home insurance premiums have surged 45% since 2019 — more than double inflation — forcing Canadians to pay the price. With extreme weather becoming the new normal, urgent investment in flood resilience is no longer optional.
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