Extreme rains that have caused mudslides, floods and devastation in British Columbia and damaged road and rail links connecting Vancouver’s port to the rest of Canada, could take a toll on the country’s economic growth, according to analysts.
The flooding in the Fraser Valley area could rank among the costliest natural disasters in Canada’s history, both in terms of the bill to repair the damage and the broader costs to the country’s economy, as containers laden with imports sit on anchored ships and shipyards at the Port of Vancouver, which is now cut off from the rest of the country, according to an economist
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