Blue-Dot Technologies Corp.
The Fire Fighting Problem
Beyond the devastation of lives and landscapes, wild fires are driving a surge in North American insurance rates due to escalating climate change risks. Safeguard your future in an ever-changing environment.
USA
Wildfires in the USA have become increasingly costly, with federal suppression costs rising from an average of $1.6 billion (2000-2019) to around $3.7 billion in 2022.
These costs encompass lives lost, buildings destroyed, and acres burned. Additionally, intangible effects include disruptions to business, tax revenue, tourism, and health impacts from pollution.
CANADA
Canada is experiencing the worst wild fire season ever recorded. The cost of fighting wildfires has steadily grown and is approaching about CDN$1 billion (US$750 million) a year.
Since 1970, costs have risen by $150 million per decade, attributed to actual suppression costs, excluding fixed firefighting personnel and program management costs.
