CBC: But a community's ability to react during a disaster is one thing. Minimizing the impact of a flood is another. Now, the province faces a potentially decade-long cleanup effort that could cost $5 billion by BMO Nesbitt Burns estimates.
Disaster risk management experts say the Alberta situation should serve as a wake-up call to municipalities across the country of the need to spend money and time mitigating the risks before disaster strikes, especially as climate change is predicted to bring bigger...