The cost of Toronto's flood

Michelle Mackey is speaking to homeowners with flooded basements following Tuesday's record-breaking rain, as the Insurance Bureau of Canada explains what's covered and hints at the potential cost of this disaster.

[johnsmitty]

lets add 1 million new condos but build no new roads, sewers, hospitals etc.... brilliant country

[alisonbarratt]

Toronto mayor spends money changing street names not on infrastructure

[nikaa]

Pure incompetence for the last 20 years. Building tonnes of luxury condos without installing proper sewage and water infrastructure. Thank your previous mayors and city governments as well as provincial goverment. Why blame the current mayor who inherited these problems.

[Joseph-ncl]

Toronto has lots of infrastructure! Toronto has lots of bicycle infrastructure. That's the only kind that counts now!

[onlyfacts]

2:30 Where in India was this video taken? 🤔

[IKhanNot]

I wouldn't buy a used car in the GTA for the next little while. Plenty of those flood cars will end up on lots fully detailed and ready to fool an unsuspecting buyer. Look under the carpet if you can before buying.

[jontipping]

You mean spending all that money to rename streets didn't help the infrastructure?

[bashira]

Toronto went down the drain. What a shamr

[JJ-bfdx]

I guess our taxes aren’t helping fight climate change

[raylo]

and now the scammer isurance will refuse to pay

[mechtech]

fix infrastructure maybe instead of renaming streets

[DianeVandenberg-gx]

WELL WHEN TORONTO DOES NOT PAY PROPERTY TAXES THAT WOULD PROVIDE FUNDING TO FIX ISSUE!

[ryans]

Pay for house insurance get like no coverage typical.

[hilcho]

Weird, i thought the carbon tax was supposed to prevent this type of thing

[ExtraVirginOIive]

So, they proposed a rain tax and few months later we have a flood? How was her drain working if the streets are flooding? Doesnt that mean the entire sewage is backed up? This is sus. I wish I was a ninja turtle during the flood so I could say what took place in the sewers.

[Carma]

Cost? Shouldnt that green slush fund pay for this? You would think if the PM is spouting about climate change and collecting all these taxes from us?

[JJ-bfdx]

Stop cloud seeding and this shouldn’t keep happening

[LordBagdanoff]

Massive headache for the insurance company.

[rklos]

Awe, hope things get better these folks ❤ edit test

[goldguilder]

Best to buy a condo that is deeply underwater but on a high floor