Opinion: Canadians are bailing out insurance companies

As we enter another season of climate disasters, Canadians brace themselves in the hopes that their properties and lives will not be uprooted — or if they are, that recovery will be swift.

After any disaster, governments and non-profits quickly mobilize to assist those in need. Take Jasper and the July wildfire for example, where evacuation centres have been established, and the Canadian Red Cross and provincial government are providing financial resources to affected households. These response mechanisms are crucial for evacuees as they scramble to secure safe lodging and support in the chaos of a mass evacuation, but they also raise an important question: where do private insurance companies fit in?