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Ontario's most expensive natural disaster barely felt in Scarborough - The Toronto Observer
Toronto's record-breaking summer rainstorm — the most expensive natural disaster in Ontario history, according to the Insurance Bureau of Canada (IBC) — left Scarborough relatively unscathed. The insured cost of the July 8 storm was about $850 million in the GTA based on data the IBC received from Property Claims Services, an authority on insured property losses.
Jamie Anderson