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93%  
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Keyword: canadawildfire

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  • 500,000 Barrels And $1 Billion In Losses: The True Cost Of Canada’s Wildfire

    05/05/2016 12:58:18 PM PDT · by bananaman22 · 9 replies
    Oilprice.com ^ | 05-05-2016 | Wildfire
    It took the market over a day to appreciate the fallout from the devastating Canadian wildfire which has led to a state of emergency in Alberta, the evacuation of over 80,000 people in the oil sands gateway city of Fort McMurray, and the destruction of over 1,600 structures. According to insurance industry reports, losses from the fire are approaching $1 billion, and will likely set records for the country. The average cost of a single-family home in the community was recently around CAD$627,000 ($487,000), Aon said, citing data from the local real estate industry, and cited by CNBC. That would...
  • Fort McMurray wildfire grows 8 times larger as battle continues (update as of 12:30MDT, May 5, 2016)

    05/05/2016 12:19:43 PM PDT · by A Formerly Proud Canadian · 30 replies
    CBC News ^ | May 3, 2016 | CBC News
    Supercharged by winds of up to 70 km/h, the Fort McMurray wildfire ballooned to 85,000 hectares overnight and is now raging across a wide front south of the city. Alberta Premier Rachel Notley and wildfire officials say the fire is expected to continue to burn out of control today as more than 100 firefighters, 10 helicopters and 16 air tankers work to protect homes and critical infrastructure. One major task on Thursday will be to move up to 25,000 people now sheltering in oilsands work camps north of the city. The province hopes to transport many of those people, who...