A worker walks in a devastated neighbourhood in west Jasper, Alberta on Monday August 19, 2024. The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses. (Photo: Canadian Press)
Jasper wildfire will cost insurers more than $880 million: Insurance Bureau of Canada
Aug 28, 2024 | 8:58 AM
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The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta’s history for insured losses.
It says initial estimates suggest more than $880 million in insured damage was caused by the fire.
The 2016 wildfire in Fort McMurray, Alta., resulted in inflation-adjusted insured losses of $4.4 billion and was the costliest natural disaster in Canadian history.
