A new tool – the Municipal Flood Risk Check-Up – launched today by the University of Waterloo's Intact Centre on Climate Adaptation, will help Canadian municipalities to assess flood hazards, level of flood preparedness, and actions to limit future flood risk.
A new tool – the Municipal Flood Risk Check-Up – launched today by the University of Waterloo's Intact Centre on Climate Adaptation, will help Canadian municipalities to assess flood hazards, level of flood preparedness, and actions to limit future flood risk.
The need for this Check-Up is now. Canada’s National Risk Profile, 2023, identified that the country is not ready for flooding. 10 per cent of Canada’s housing market is uninsurable for overland flooding, and homes in flood impacted communities have sold for up to 17 per cent less following a flood event. As seen during floods in Nova Scotia in 2023, preparedness would not only have limited financial losses, but more importantly, four lives lost to torrential flows may have been saved.
The Check-Up tool was developed by 53 flood experts over two years, including representatives from all levels of government, and the municipal insurer Intact Public Entities.
Read more at: University of Waterloo
Photo Credit: Hans via Pixabay
