The climate insurance gap is widening, and it’s leaving marginalized Canadians behind
By Anne E. Kleffner, Derek Cook & Mary Kelly Every year, extreme weather events wreak havoc across Canada, disrupting the lives of tens of thousands. Financial losses from these events have surged, surpassing $7 billion in 2024, due in part to climate change, asset accumulation and more people living in high-risk areas. Evidence from Canada, the United States and Europe shows



