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The TRAY reminds us of the risk of earthquake in Canada after the earthquake in Alaska

by

Andrea Lubeck

3 December 2018 11:30

The insurance Bureau of Canada (IBC) has taken advantage of the earthquake of a magnitude of 7.0 on the Richter scale, occurred near Anchorage, Alaska on the 30th of November last, to remind Canadians that they are not immune to a disaster similar.

“Experts estimate that there are 30 % chances that an important earthquake hits the south-west of British Columbia in the next 50 years, and 10 to 15 % on Quebec,” says Aaron Sutherland, vice-president, insurance Bureau of Canada, Pacific (IBC). The event [30 November] is an important reminder that we live in an area of earthquake and active that we need to be prepared. “

The IBC cites a study of firm AIR Worldwide reveals that an earthquake with a magnitude of 9.0 on the Richter scale in British Columbia would cause damages of about $ 75 billion. A jolt of 7.1 corridor in the Ottawa-Montreal-Quebec could end up costing nearly 61 billion dollars.

Damages that may exceed US$ 100 MILLION in Alaska

TheInstitute of geological studies of the United States (USGS) estimates that there are 60 % chances that the economic damage totals exceed 100 million u.s. dollars. There is a 25 % probability that they exceed us $ 1 billion.

After the first jolt of 7.0 on the Richter scale, the capital of Alaska and the surrounding area has undergone seven aftershocks larger than magnitude 4.0. The USGS says that there are 4 % chance that an aftershock of magnitude 7.0 and over occurred.

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