Insured loss from Nova Scotia flooding pegged at C$170m
Insurance Bureau of Canada says despite the high insured loss estimate, total economic losses will be much higher owing to the low uptake of flood insurance in affected areas
Some areas of Nova Scotia saw nearly 10 inches of rain at the end of July, much of it falling in less than 24 hours, causing widespread flood damage to homes, businesses and infrastructure and prompting a province-wide state of emergency