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Tag: canada

Canada over 540,000 New Homes Built in flood-prone Areas to Tackle climate risks

Canada over 540,000 New Homes Built in flood-prone Areas to Tackle climate risks

Breaking News, Climate Actions, Learning & Developments
A groundbreaking report highlights how Canada can tackle its housing needs while avoiding catastrophic climate risks. It’s the first study in the country to quantify the economic damage of building homes in flood and wildfire-prone areas, urging a shift away from hazard zones to save billions and protect communities. The analysis warns that by 2030, over 540,000 new homes could be built in flood-prone areas, leading to $2 billion in annual damages. The financial burden will hit Manitoba and the Yukon hardest, with each new home in high-risk zones adding $1,200 per year in extra costs. The report calls for urgent action, recommending that housing developments be placed in safer areas. By planning smarter, Canada can prevent escalating disaster costs while ensuring its citizens have se...
New Canadian Climate Tracker Highlights Soaring Costs of Climate Disasters, Calls for Proactive Adaptation

New Canadian Climate Tracker Highlights Soaring Costs of Climate Disasters, Calls for Proactive Adaptation

Breaking News, Climate Actions, Environment
Attribution science has become increasingly precise in linking extreme weather events to climate change, and a new tracker from the Canadian Climate Institute (CCI) is emphasizing the urgent need for proactive measures to limit the damage caused by climate-fueled disasters. The online tool provides real-time data on the financial toll of wildfires, floods, and droughts across the country, using media reports to paint a stark picture of the growing costs. This summer alone, Toronto and Jasper, separated by 3,400 kilometers, faced significant climate-related losses. According to the Toronto Star, a single afternoon of heavy rain in Toronto on July 16 could result in damages exceeding C$1 billion. Meanwhile, as reported by CBC and confirmed by CCI’s tracker, the wildfire that ravaged Jaspe...