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The Economic Cost Of Wildfires: Post Disaster Recovery

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The Economic Cost Of Wildfires: Post Disaster Recovery
One big effect of wildfires is the economic cost. Wildfires can burn timber, make it unappealing for tourism, and can affect the agricultural production. The post-disaster recovery can be very pricy depending on the area and the severity. The city has to spend millions on chemical, logistics, aircrafts, and trucks to help fight the fires. In the 2016 Fort McMurray wildfire the initial insurance payouts were estimated as CAN$9 billion. The damage had estimated to reach $3.5 billion. This is a reason why it isn’t good to have wildfires.
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