Trudeau made the comments during a visit to’s Central Okanagan region to speak with local officials about ongoing responses to the ongoing wildfires in the province.
Craig Stewart, the IBC vice-president for climate change and federal issues, told Global News in an interview that he estimated premiums could rise between five and 50 per cent.But those insurance costs have typically come from massive, single events rather than a “number of catastrophes” like what have been seen in 2023.
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