OfCorsiDid
Ah shit, here we go again.
Simple solution: Just keep increasing the carbon tax. That should solve most issues, including this one.
Carbon tax is a weird one.
I think in a ideal world, corporations (specifically those in high-emissions industries such as manufacturing, oil & gas, trucking) would pay the vast majority with the feds setting a price per tonne of CO2 and ensuring a bit of a rebate kick back for the average Canadian to offset the increase in prices and gas.
However, the lack of productivity and political will has led to a system that is pretty weak on businesses yet punishes the average Canadian due to a direct tax on gasoline.
Also as mentioned earlier, a lot of neglected government funded entities (such as Parks Canada and the military) are woefully underfunded. Either way it's incumbent on someone to figure out how to fund these items while not increasing the tax burden on the average Canadian. I'm not sure what the solution is.
Won't always be able to count on insurance if this stuff keeps up. Insurance is to look after possibilities, not probabilities. And certainly not probabilities that keep happening every 2nd year or so.
Yeah that's what I'm alluding to. Insurance companies still have to make money. If they're losing millions due to increased natural disasters they're not going to continue to insure property or the acquisition cost will be so astronomical that it'll be not practical for most Canadians.