Canadian Climate Institute Report Warns of Billions in Housing Damages Due to Climate Risks in B.C.

#Economy#Severe Weather#Monetary Policy#Housing Risks#British Columbia#Climate Change#Vancouver Canada#Environment

1242+ Words Refined into 5 Facts by AI • 2 sources • 10h ago

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New housing in B.C.'s high-risk zones could cost over $2 billion annually.
B.C. projected to face more than two-thirds of national housing losses.
Lead author Sarah Miller notes 90 percent of wildfire risk is in B.C.
Redirecting three percent of new homes could save 80 percent of losses.
Report recommends steering investments to low-hazard areas and reforming disaster programs.

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Related Update: 8 hours later

IPCC Report: Climate Change's Economic Impact Grows

1272+ Words Refined into 8 Facts by AI • 1 source • 1h ago

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