Canada is the only G7 country without a nationwide flood forecasting system and, according to scientists, the absence of such a system has come at a cost.
“Damages from floods and droughts have shot through the roof,” said John Pomeroy, an expert in hydrology and the Canada Research Chair in Water Resources and Climate Change at the University of Saskatchewan.
According to Pomeroy, the total amount of money spent recovering from climate-related floods and wildfires in Canada prior to the year 2000 was about $1 billion.