OTTAWA — A new report co-authored by the government and the insurance industry says Canada can do a better job of protecting homeowners from the escalating financial risks of flooding.
The report, produced by a national working group co-chaired by the Insurance Bureau of Canada and Public Safety Canada, says the worsening threat means the country has to change how it covers the resulting cost of such disasters.
The City of Winnipeg says fewer homes along the Red River need to be sandbagged after the Red River Floodway was opened Friday.
The gates to the floodway went up at about 10:15 a.m. The river is currently expected to peak between 18.6 to 20.8 feet James Avenue datum.
“City engineers have determined that the number of properties needing sandbag dikes has decreased from 50 to 25,” reads a statement from the City. “The number of sandbags has been reduced accordingly from 75,000 to 20,000. The City currently has enough sandbags made to address the needs of at-risk properties, but will continue making sandbags until the end of today as a precaution.”