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Alberta wildfire was the costliest natural disaster in Canadian history

2016-07-07 23:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: The wildfire that ripped through Alberta, Canada`s Fort McMurray area in June devastated homes, boreal forests, and tar sands oil production. Now that the dust has settled, another scary aspect of the fire has emerged: the cost. All told, the Fort McMurray wildfire cost $3.6 billion in Canadian currency (that`s $2.8 billion USD), the Insurance Bureau of Canada announced on Thursday, making it the costliest natural disaster in Canadian history. According to the bureau, the costs broke down as...

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