
        <!DOCTYPE html>
        <html lang="en">
            <head>
                <title data-react-helmet="true">Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever | CBC News</title>
                <meta charset="utf-8" />
                <meta name="viewport" content="width=device-width, initial-scale=1" />
                <link rel="manifest" href="/a/manifest.json" />
                <link rel="apple-touch-icon" href="/a/apple-touch-icon.png" />
                <link rel="icon" type="image/x-icon" href="/a/favicon.ico" />
                <link type="text/css" href="/a/styles/main.css" rel="stylesheet" />
                <link data-react-helmet="true" rel="canonical" href="http://www.cbc.ca/news/business/hurricane-harvey-economic-cost-1.4268493"/>
                <link rel="amphtml" href="http://www.cbc.ca/amp/1.4268493" />
                <meta data-react-helmet="true" property="og:site_name" content="CBC"/><meta data-react-helmet="true" property="fb:pages" content="5823419603"/><meta data-react-helmet="true" property="og:url" content="http://www.cbc.ca/news/business/hurricane-harvey-economic-cost-1.4268493"/><meta data-react-helmet="true" property="og:title" content="Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever | CBC News"/><meta data-react-helmet="true" property="og:image" content="https://i.cbc.ca/1.4268648.1504111798!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/hurricane-harvey.jpg"/><meta data-react-helmet="true" property="og:description" content="The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that."/><meta data-react-helmet="true" property="vf:section" content="2.637"/><meta data-react-helmet="true" property="og:locale" content="en_US"/><meta data-react-helmet="true" property="og:type" content="article"/><meta data-react-helmet="true" property="vf:unique_id" content="1.4268493"/><meta data-react-helmet="true" name="google-site-verification" content="pJy_QmRvDz2tr7X8eQ6Y1L3Se-8RWM_PpJX42Pr_fYo"/><meta data-react-helmet="true" name="twitter:site" content="@cbc"/><meta data-react-helmet="true" name="twitter:card" content="summary_large_image"/><meta data-react-helmet="true" name="description" content="The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that."/>
            </head>
            <body class="feed">
                <script id="initialStateDom">window.__INITIAL_STATE__={"trending":{"sections":{}},"content":{},"topic":{"topicList":[],"topicSection":""},"sectionalContent":{},"density":{"selection":""},"loader":{"loaded":false,"count":1},"detail":{"short":{"id":"1.4268493","type":"story","source":"","corrections":[],"clarifications":[],"headline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","shareheadline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","originalheadline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","deck":"Much of the economic costs unlikely to be covered by insurance","summary":"The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.","byline":"CBC News","highlights":{"highlight":[],"label":"Updated"},"intlinks":[{"flag":"","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fharvey-flood-insurance.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fharvey-flood-insurance.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fharvey-flood-insurance.jpg"},"original_620":{"w":620,"h":362,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fharvey-flood-insurance.jpg"},"original_300":{"w":300,"h":175,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fharvey-flood-insurance.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fharvey-flood-insurance.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fharvey-flood-insurance.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-flood-insurance-1.4266361","deck":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","description":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fharvey-flood-insurance.jpg","id":"1.4266361","title":"Harvey-Flood Insurance","type":"image","credit":"David J. Phillip\u002FAssociated Press","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-flood-insurance-1.4266361"},"categorization":{"dimensions":[{"entities":[{"name":"Property damage","id":"subject-BFC5B8A091C7100480D2A55C96277D3E"},{"name":"Prices","id":"subject-EC2DEF3088E810048C96F8851349F9BD"},{"name":"Economy","id":"subject-4F7E0448857510048D0AFF2260DD383E"},{"name":"Personal finance","id":"subject-5BFCEA40857510048D1DFF2260DD383E"},{"name":"Business","id":"subject-C8E409F8858510048872FF2260DD383E"},{"name":"General news","id":"subject-F25AF2D07E4E100484F5DF092526B43E"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Pete Mills","id":"Pete Mills"},{"name":"Loretta Worters","id":"Loretta Worters"},{"name":"Robert Hunter","id":"Robert Hunter"},{"name":"Harvey Storm","id":"Harvey Storm"},{"name":"Sandy Superstorm","id":"Sandy Superstorm"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"Air Worldwide","id":"Air Worldwide"},{"name":"Wells Fargo & Co","id":"Wells Fargo & Co"},{"name":"Corelogic","id":"Corelogic"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[{"name":"Consumer Federation Of America","id":"Consumer Federation Of America"},{"name":"Information Institute","id":"Information Institute"},{"name":"Federal Emergency Management Agency","id":"Federal Emergency Management Agency"}],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States\u002FSan Antonio(US)","id":"United States\u002FSan Antonio(US)"},{"name":"United States\u002FCypress","id":"United States\u002FCypress"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FCorpus Christi","id":"United States\u002FCorpus Christi"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-insurance-1.4266601","author":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authors":[]},"deck":"Flood damage alone from Harvey to cost at least $35 billion US, consumer organization executive says","workflowanalysis":{"tags":""},"description":"Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighbourhoods along the Gulf Coast.","headlinemedia":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fharvey-flood-insurance.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fharvey-flood-insurance.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fharvey-flood-insurance.jpg"},"original_620":{"w":620,"h":362,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fharvey-flood-insurance.jpg"},"original_300":{"w":300,"h":175,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fharvey-flood-insurance.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fharvey-flood-insurance.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fharvey-flood-insurance.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-flood-insurance-1.4266361","deck":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","description":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fharvey-flood-insurance.jpg","id":"1.4266361","title":"Harvey-Flood Insurance","type":"image","credit":"David J. Phillip\u002FAssociated Press","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-flood-insurance-1.4266361"},"epoch":{"ontime":"","offtime":"","lastupdate":"1504027925450","pubdate":"1504020037875"},"label":"","type":"story","title":"Most Harvey flood victims uninsured, face big bills alone","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601","embeddedtypes":"","intlinks":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-houston-evacuation-mayor-1.4265483","description":"Devastating floods wrought by the torrential rains of Harvey have forced the mayor of Houston to defend his decision not to order evacuations before the historic storm hit the region. But evacuating an area that size is a significant challenge that comes with its own problems.","id":"1.4265483","type":"story","title":"'A real potential for loss of life and injury': Why Houston didn't evacuate","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-houston-evacuation-mayor-1.4265483","embeddedtypes":"","shareheadline":"'A real potential for loss of life and injury': Why Houston didn't evacuate"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Ftexas-harvey-stranger-rescues-1.4266192","description":"Neighbours and perfect strangers arrived with boats of all shapes and sizes to help get Houston residents safely out of flooded neighbourhoods.","id":"1.4266192","type":"story","title":"'We're going back.' Strangers help rescue people stranded by Harvey ","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Ftexas-harvey-stranger-rescues-1.4266192","embeddedtypes":"","shareheadline":"'We're going back.' Strangers help rescue people stranded by Harvey "},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-monday-more-rain-1.4264734","description":"Historic flooding from tropical storm Harvey is believed to have killed at least eight people in Texas and was expected to drive some 30,000 from their homes.","id":"1.4264734","type":"story","title":"'A new and different normal': Thousands driven from homes as Harvey hammers Houston","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fhurricane-harvey-monday-more-rain-1.4264734","embeddedtypes":"twitter,customhtml","shareheadline":"'A new and different normal': Thousands driven from homes as Harvey hammers Houston"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-texas-shelter-1.4266283","description":"The stress of being evacuated because of Harvey is taking its toll on some of the thousands who've ended up in emergency shelters throughout Texas.","id":"1.4266283","type":"story","title":"Life in a Texas hurricane shelter","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fhurricane-harvey-texas-shelter-1.4266283","embeddedtypes":"","shareheadline":"Life in a Texas hurricane shelter"}],"extattrib":{"urlslug":"harvey insurance ","hasvideo":false,"displaycomments":false,"vfsection":"2.637","hasaudio":false,"hasgallery":false,"olympictags":null},"id":"1.4266601","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"lastupdate":"Aug 29, 2017 1:32 PM ET","shareheadline":"Most Harvey flood victims uninsured, face big bills alone","status":"Updated","pubdate":"Aug 29, 2017 11:20 AM ET"},{"flag":"Analysis","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-harvey.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-harvey-1.4266850","deck":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","description":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fstorm-harvey.jpg","id":"1.4266850","title":"STORM-HARVEY\u002F","type":"image","credit":"Adrees Latif\u002FReuters","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-harvey-1.4266850"},"categorization":{"dimensions":[{"entities":[{"name":"Home prices","id":"subject-828ED58D130343B2B607E399BF431031"},{"name":"Prices","id":"subject-EC2DEF3088E810048C96F8851349F9BD"},{"name":"Business","id":"subject-C8E409F8858510048872FF2260DD383E"},{"name":"Home equity loans","id":"subject-5239ED6088E910048F8EF8851349F9BD"},{"name":"Mortgage insurance","id":"subject-B476C0350A5D4E5C83BC2980FFB6E994"},{"name":"Crime","id":"subject-48612B807C2B4B93BBBACBF54F547AD5"},{"name":"General news","id":"subject-F25AF2D07E4E100484F5DF092526B43E"},{"name":"Summits","id":"subject-B7CC5700886F10048B9FCB8225D5863E"},{"name":"Real estate","id":"subject-CBDE982D7FBE48BF82F40E106E649612"},{"name":"Mortgages","id":"subject-5239ED6088E910048F8FF8851349F9BD"},{"name":"Summits","id":"subject-C64BDBE050"},{"name":"Mortgages","id":"subject-CCDA17EDC1"},{"name":"Home prices","id":"subject-D0E5954CB7"},{"name":"Home equity loans","id":"subject-F4444590C3"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Stephen Poloz","id":"Stephen Poloz"},{"name":"Doug Porter","id":"Doug Porter"},{"name":"Robert Hunter","id":"Robert Hunter"},{"name":"Chris Wattie","id":"Chris Wattie"},{"name":"Latif Tpx","id":"Latif Tpx"},{"name":"Don Pittis","id":"Don Pittis"},{"name":"Rick Wilking","id":"Rick Wilking"},{"name":"Barbara Koster","id":"Barbara Koster"},{"name":"Tim Freiberg","id":"Tim Freiberg"},{"name":"Grant Thomas","id":"Grant Thomas"},{"name":"Beata Caranci","id":"Beata Caranci"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"U S","id":"U S"},{"name":"Canadian Broadcasting Corporation","id":"Canadian Broadcasting Corporation"},{"name":"Bank of Montreal","id":"Bank of Montreal"},{"name":"Mortgage","id":"Mortgage"},{"name":"Bank Of Canada","id":"Bank Of Canada"},{"name":"Housing","id":"Housing"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[{"name":"Osfi","id":"Osfi"}],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[{"name":"News Analysis","id":"News Analysis"},{"name":"Hurricane Harvey","id":"Hurricane Harvey"}],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States\u002FOttawa(US)","id":"United States\u002FOttawa(US)"},{"name":"Canada\u002FToronto","id":"Canada\u002FToronto"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FOntario","id":"United States\u002FOntario"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhousing-bubble-prices-1.4266589","author":{"bio":{"name":"Don Pittis","photo":{"derivatives":{"square_140":{"w":140,"h":140,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_140\u002Fdon-pittis.jpg"},"square_300":{"w":300,"h":300,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_300\u002Fdon-pittis.jpg"},"square_620":{"w":620,"h":620,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_620\u002Fdon-pittis.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fdon-pittis-1.3803860","deck":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit.","description":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit.","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fdon-pittis.jpg","id":"1.3803860","title":"Don Pittis","type":"image","credit":"Timothy Neesam\u002FCBC","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fphotos\u002Fdon-pittis-1.3803860"},"biography":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit. ","title":"The Business Unit"},"authors":["Don Pittis"]},"deck":"Why regulators are so worried about letting market forces rule","workflowanalysis":{"tags":""},"description":"Markets are wonderful tools but regulators worry homeowners just don't think about market consequences. ","headlinemedia":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-harvey.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-harvey-1.4266850","deck":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","description":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fstorm-harvey.jpg","id":"1.4266850","title":"STORM-HARVEY\u002F","type":"image","credit":"Adrees Latif\u002FReuters","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-harvey-1.4266850"},"epoch":{"ontime":"1504083605754","offtime":"","lastupdate":"1504101160019","pubdate":"1504083605754"},"label":"Analysis","type":"story","title":"Hurricane Harvey's lesson for Canadian real estate: Don Pittis","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhousing-bubble-prices-1.4266589","embeddedtypes":"","intlinks":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-insurance-1.4266601","description":"Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighbourhoods along the Gulf Coast.","id":"1.4266601","type":"story","title":"Most Harvey flood victims uninsured, face big bills alone","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601","embeddedtypes":"","shareheadline":"Most Harvey flood victims uninsured, face big bills alone"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fcrea-home-sales-july-1.4247625","description":"The average selling price of a Canadian home has fallen by 0.3 per cent in the past year, the first yearly decline since 2013.","id":"1.4247625","type":"story","title":"Average price of Canadian home sold in July inched down 0.3% to $478,696  in past year","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fcrea-home-sales-july-1.4247625","embeddedtypes":"customhtml","shareheadline":"Average sales price of Canadian home declines compared to previous year for 1st time since 2013 "},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fofsi-mortgage-rules-1.4194012","description":"New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a mortgage. ","id":"1.4194012","type":"story","title":"Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fcanada\u002Fbritish-columbia\u002Fofsi-mortgage-rules-1.4194012","embeddedtypes":"","shareheadline":"Could you handle a 2% mortgage rate hike? New rules coming"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fbanks-finance-lobbying-government-1.4155703","description":"Canada’s big banks and the association that represents them have lobbied government officials hundreds of times since the last election – including the watchdogs charged with policing them and members of the parliamentary committee now examining their practices.","id":"1.4155703","type":"story","title":"Banking industry has lobbied officials, MPs hundreds of times","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fpolitics\u002Fbanks-finance-lobbying-government-1.4155703","embeddedtypes":"customhtml","shareheadline":"Big banks lobbied officials, MPs, even watchdogs who police them"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fosfi-bundled-mortgage-loan-ban-1.4192727","description":"Canada plans to ban some bundled residential mortgages to clamp down on risky lending, a regulator said on Thursday, six months after revelations that regulated mortgage providers were teaming up with unregulated rivals to circumvent rules. ","id":"1.4192727","type":"story","title":"Canada's financial regulator proposes ban on bundled mortgage loans","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fosfi-bundled-mortgage-loan-ban-1.4192727","embeddedtypes":"","shareheadline":"Canada's financial regulator proposes ban on bundled mortgage loans"}],"extattrib":{"urlslug":"Housing-bubble-prices","hasvideo":false,"displaycomments":true,"vfsection":"2.637","hasaudio":false,"hasgallery":false,"olympictags":null},"id":"1.4266589","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"lastupdate":"Aug 30, 2017 9:52 AM ET","shareheadline":"Hurricane Harvey's lesson for Canadian real estate: Don Pittis","status":"","pubdate":"Aug 30, 2017 5:00 AM ET"}],"extlinks":[],"updatedAt":1504115415259,"publishedAt":1504112907765,"publishedAtVerbal":"Aug 30, 2017 1:08 PM ET","displayComments":true,"url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-cost-1.4268493","category":"","flag":"","body":"\u003Cp\u003EThe human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.\u003C\u002Fp\u003E  \u003Cp\u003EThe storm, which dropped record amounts of rainfall on southeastern Texas last week before gathering strength over the Gulf of Mexico and taking aim at Louisiana today has already wreaked $30-billion US worth of damage in the Houston area, a figure that is likely to rise.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-impact-1.4264874\"\u003EHurricane Harvey could hike gas prices in Canada too\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601\"\u003EMost affected homeowners are uninsured\u003C\u002Fa\u003E, so the insurance cost is likely to remain relatively low. But the cost to public infrastructure and corporate inventories is likely already at twice the $10 billion US insurance bill, analysts at Oxford Economics said Wednesday.\u003C\u002Fp\u003E  \u003Cp\u003E\"Insurance will cover some of the reconstruction costs, but not all,\" Oxford said. And \"even reconstruction covered by insurance is not a 'free lunch'&nbsp;since it comes out of insurers' profits and could lead to higher insurance premiums.\"\u003C\u002Fp\u003E  \u003Cp\u003EEconomist Michael Dolega&nbsp;agrees broadly with that assessment, saying in a note on Wednesday that Harvey's cost is already on par with other major storms, including Hurricane Andrew in 1992 and \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fu-s-death-toll-from-hurricane-ike-rises-to-33-1.756856\"\u003EHurricane Ike in 2008\u003C\u002Fa\u003E, but has yet to eclipse in economic terms&nbsp;major storms like \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fsandy-slams-u-s-east-coast-with-hurricane-force-1.1144751\"\u003ESandy\u003C\u002Fa\u003E and of course \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fphotos\u002F10-years-after-hurricane-katrina-parts-of-new-orleans-struggle-to-rebuild-1.3202882\"\u003EKatrina\u003C\u002Fa\u003E.\u003C\u002Fp\u003E  \u003Cp\u003EThat may change, however.\u003C\u002Fp\u003E  \u003Cp\u003EWeather forecasting company AccuWeather predicted Wednesday that Harvey's economic toll is likely to ultimately be up to $160 billion US.\u003C\u002Fp\u003E  \u003Cp\u003E[IMAGE]\u003C\u002Fp\u003E  \u003Cp\u003E\"This will be the worst natural disaster in American history,\" AccuWeather president&nbsp;Joel N. Myers&nbsp;said, adding that the final economic bill could be larger than Sandy and Katrina put together.&nbsp;\u003C\u002Fp\u003E  \u003Cp\u003E\"Parts of Houston, the United States' fourth largest city will be uninhabitable for weeks and possibly months due to water damage, mould, disease-ridden water and all that will follow,\" Myers said, urging banks, insurers and government policymakers to start adjusting their forecasts for the impact of the storm.\u003C\u002Fp\u003E  \u003Cp\u003EThe impact of natural disasters on an economy are often hard to quantify, because they come in two completely different phases. Economic output typically plunges in the immediate aftermath, as the local economy effectively closes up shop.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fcanada\u002Fedmonton\u002Ffort-mcmurray-wildfire-costs-to-reach-almost-9b-new-report-says-1.3939953\"\u003EFort McMurray wildfire economic impact hits $9B\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003EBut a little later, the local economy often sees a mini-surge during the rebuilding phase, \"which will add to economic activity as homes and businesses are rebuilt and automobiles and other equipment is replaced,\" Dolega said.\u003C\u002Fp\u003E  \u003Cp\u003EIn terms of job losses, the storm came too late to be a factor in the August numbers which are set to be released on Friday. But Dolega&nbsp;says past experience suggests we should expect somewhere between 20,000 and 50,000&nbsp;lost jobs from the storm in September.&nbsp;\u003C\u002Fp\u003E  \u003Cp\u003E\"Much depends on how quickly businesses can reopen and how quickly reconstruction gets underway,\" Oxford said.\u003C\u002Fp\u003E","keywords":[{"entities":[{"name":"Health","id":"subject-CC7A76087E4E10048482DF092526B43E"},{"name":"Emergency management","id":"subject-4B19FAC87E8710048C388087FC32D30C"},{"name":"Health issues","id":"subject-23CFB624A4E34B319C0B48942BE56D24"},{"name":"Government and politics","id":"subject-86AAD5207DAC100488ECBA7FA5283C3E"},{"name":"Injuries","id":"subject-5934F1087E87100487E3DF092526B43E"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Joel Myers","id":"Joel Myers"},{"name":"Michael Dolega","id":"Michael Dolega"},{"name":"Luke Sharrett","id":"Luke Sharrett"},{"name":"Fort Mcmurray","id":"Fort Mcmurray"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"Accuweather","id":"Accuweather"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States","id":"United States"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FLouisiana","id":"United States\u002FLouisiana"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"},{"name":"Mexico","id":"Mexico"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}],"segments":"","vfsection":"2.637","headlineImageURL":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"authorProfile":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authorbio":"none","authors":[]},"isPreview":false,"adExclusions":[],"sponsorBio":"","workflowanalysis":{"tags":""},"authorStories":[]},"media":{"runtime":0,"clipID":"","description":"","isLead":true,"autoPlay":false,"title":""},"image":{"title":"HURRICANE HARVEY","deck":"A boat sits grounded on a frontage road after navigating floodwaters from Hurricane Harvey in Houston, Texas, U.S., on Tuesday, Aug. 29, 2017. Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land. Photographer: Luke Sharrett\u002FBloomberg","credit":"Luke Sharrett\u002FBloomberg","url":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_1180\u002Fhurricane-harvey.jpg","showcaption":true,"description":"Most of the economic costs of Hurricane Harvey won't be covered by insurance.","alt":"HURRICANE HARVEY","mass":"full","lazyLoad":true,"type":"leadmedia-story"},"gallery":{"id":"","leadmedia":true},"author":{"img":"","names":[],"title":"","authorInfo":""},"audio":{"runtime":0,"clipID":"","url":"","mediaID":"","description":"","isLead":true,"autoPlay":false},"json":{"ontime":"","flag":"","fbpages":"5823419603","vfsection":"2.637","deck":"Much of the economic costs unlikely to be covered by insurance","workflowanalysis":{"tags":""},"offtime":"","epoch":{"ontime":"","offtime":"","lastupdate":"1504115415259","pubdate":"1504112907765"},"source":"","media":[],"customcontent":[{"html":"","type":"coveritlive"}],"advertising":{"site":"cbc.money.ca","zone":"business","contentcategory":"news\u002Fbusiness","section":"business","exclusions":"","category":""},"type":"story","body":"\u003Cp\u003EThe human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.\u003C\u002Fp\u003E  \u003Cp\u003EThe storm, which dropped record amounts of rainfall on southeastern Texas last week before gathering strength over the Gulf of Mexico and taking aim at Louisiana today has already wreaked $30-billion US worth of damage in the Houston area, a figure that is likely to rise.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-impact-1.4264874\"\u003EHurricane Harvey could hike gas prices in Canada too\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601\"\u003EMost affected homeowners are uninsured\u003C\u002Fa\u003E, so the insurance cost is likely to remain relatively low. But the cost to public infrastructure and corporate inventories is likely already at twice the $10 billion US insurance bill, analysts at Oxford Economics said Wednesday.\u003C\u002Fp\u003E  \u003Cp\u003E\"Insurance will cover some of the reconstruction costs, but not all,\" Oxford said. And \"even reconstruction covered by insurance is not a 'free lunch'&nbsp;since it comes out of insurers' profits and could lead to higher insurance premiums.\"\u003C\u002Fp\u003E  \u003Cp\u003EEconomist Michael Dolega&nbsp;agrees broadly with that assessment, saying in a note on Wednesday that Harvey's cost is already on par with other major storms, including Hurricane Andrew in 1992 and \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fu-s-death-toll-from-hurricane-ike-rises-to-33-1.756856\"\u003EHurricane Ike in 2008\u003C\u002Fa\u003E, but has yet to eclipse in economic terms&nbsp;major storms like \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fsandy-slams-u-s-east-coast-with-hurricane-force-1.1144751\"\u003ESandy\u003C\u002Fa\u003E and of course \u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fphotos\u002F10-years-after-hurricane-katrina-parts-of-new-orleans-struggle-to-rebuild-1.3202882\"\u003EKatrina\u003C\u002Fa\u003E.\u003C\u002Fp\u003E  \u003Cp\u003EThat may change, however.\u003C\u002Fp\u003E  \u003Cp\u003EWeather forecasting company AccuWeather predicted Wednesday that Harvey's economic toll is likely to ultimately be up to $160 billion US.\u003C\u002Fp\u003E  \u003Cp\u003E[IMAGE]\u003C\u002Fp\u003E  \u003Cp\u003E\"This will be the worst natural disaster in American history,\" AccuWeather president&nbsp;Joel N. Myers&nbsp;said, adding that the final economic bill could be larger than Sandy and Katrina put together.&nbsp;\u003C\u002Fp\u003E  \u003Cp\u003E\"Parts of Houston, the United States' fourth largest city will be uninhabitable for weeks and possibly months due to water damage, mould, disease-ridden water and all that will follow,\" Myers said, urging banks, insurers and government policymakers to start adjusting their forecasts for the impact of the storm.\u003C\u002Fp\u003E  \u003Cp\u003EThe impact of natural disasters on an economy are often hard to quantify, because they come in two completely different phases. Economic output typically plunges in the immediate aftermath, as the local economy effectively closes up shop.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fcanada\u002Fedmonton\u002Ffort-mcmurray-wildfire-costs-to-reach-almost-9b-new-report-says-1.3939953\"\u003EFort McMurray wildfire economic impact hits $9B\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003EBut a little later, the local economy often sees a mini-surge during the rebuilding phase, \"which will add to economic activity as homes and businesses are rebuilt and automobiles and other equipment is replaced,\" Dolega said.\u003C\u002Fp\u003E  \u003Cp\u003EIn terms of job losses, the storm came too late to be a factor in the August numbers which are set to be released on Friday. But Dolega&nbsp;says past experience suggests we should expect somewhere between 20,000 and 50,000&nbsp;lost jobs from the storm in September.&nbsp;\u003C\u002Fp\u003E  \u003Cp\u003E\"Much depends on how quickly businesses can reopen and how quickly reconstruction gets underway,\" Oxford said.\u003C\u002Fp\u003E","tracking":{"subsection4":"","subsection3":"","contentarea":"news","subsection2":"","subsection1":"business","contenttype":"story"},"embeddedtypes":"","leadmedia":{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-1.4268648","deck":"A boat sits grounded on a frontage road after navigating floodwaters from Hurricane Harvey in Houston, Texas, U.S., on Tuesday, Aug. 29, 2017. Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land. Photographer: Luke Sharrett\u002FBloomberg","description":"Most of the economic costs of Hurricane Harvey won't be covered by insurance.","title":"HURRICANE HARVEY","type":"image","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-1.4268648","showcaption":true,"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fhurricane-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fhurricane-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fhurricane-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fhurricane-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fhurricane-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fhurricane-harvey.jpg"}},"size":"full","useoriginalimage":false,"originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fhurricane-harvey.jpg","id":"1.4268648","credit":"Luke Sharrett\u002FBloomberg"},"storyimages":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-1.4268648","deck":"A boat sits grounded on a frontage road after navigating floodwaters from Hurricane Harvey in Houston, Texas, U.S., on Tuesday, Aug. 29, 2017. Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land. Photographer: Luke Sharrett\u002FBloomberg","description":"Most of the economic costs of Hurricane Harvey won't be covered by insurance.","title":"HURRICANE HARVEY","type":"image","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-1.4268648","showcaption":true,"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fhurricane-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fhurricane-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fhurricane-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fhurricane-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fhurricane-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fhurricane-harvey.jpg"}},"size":"medium","useoriginalimage":false,"originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fhurricane-harvey.jpg","id":"1.4268648","credit":"Luke Sharrett\u002FBloomberg"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-1.4268663","deck":"Rescuers in a boat move past a Kroger Co. grocery store after Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that's home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett\u002FBloomberg","description":"Inventories at businesses in the area are most likely to be written off and will have to be replaced, which should jolt the economy down the line.","title":"HURRICANE HARVEY","type":"image","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-1.4268663","showcaption":true,"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fhurricane-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fhurricane-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fhurricane-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fhurricane-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fhurricane-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fhurricane-harvey.jpg"}},"size":"full","useoriginalimage":false,"originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268663.1504112095!\u002FfileImage\u002FhttpImage\u002Fhurricane-harvey.jpg","id":"1.4268663","credit":"Luke Sharrett\u002FBloomberg"}],"linkbundle":{},"id":"1.4268493","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"headline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","byline":"CBC News","embeddedcontent":[],"shareheadline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","pubdate":"Aug 30, 2017 1:08 PM ET","summary":"The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fhurricane-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fhurricane-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fhurricane-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fhurricane-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fhurricane-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fhurricane-harvey.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-1.4268648","deck":"A boat sits grounded on a frontage road after navigating floodwaters from Hurricane Harvey in Houston, Texas, U.S., on Tuesday, Aug. 29, 2017. Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land. Photographer: Luke Sharrett\u002FBloomberg","description":"A boat sits grounded on a frontage road after navigating floodwaters from Hurricane Harvey in Houston, Texas, U.S., on Tuesday, Aug. 29, 2017. Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land. Photographer: Luke Sharrett\u002FBloomberg","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fhurricane-harvey.jpg","id":"1.4268648","title":"HURRICANE HARVEY","type":"image","credit":"Luke Sharrett\u002FBloomberg","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-1.4268648"},"originalheadline":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever","categorization":{"dimensions":[{"entities":[{"name":"Health","id":"subject-CC7A76087E4E10048482DF092526B43E"},{"name":"Emergency management","id":"subject-4B19FAC87E8710048C388087FC32D30C"},{"name":"Health issues","id":"subject-23CFB624A4E34B319C0B48942BE56D24"},{"name":"Government and politics","id":"subject-86AAD5207DAC100488ECBA7FA5283C3E"},{"name":"Injuries","id":"subject-5934F1087E87100487E3DF092526B43E"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Joel Myers","id":"Joel Myers"},{"name":"Michael Dolega","id":"Michael Dolega"},{"name":"Luke Sharrett","id":"Luke Sharrett"},{"name":"Fort Mcmurray","id":"Fort Mcmurray"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"Accuweather","id":"Accuweather"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States","id":"United States"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FLouisiana","id":"United States\u002FLouisiana"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"},{"name":"Mexico","id":"Mexico"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-economic-cost-1.4268493","author":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authorbio":"none","authors":[]},"dept":"Business","label":"","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-cost-1.4268493","extlinks":[],"photogalleries":[],"urlslug":"hurricane harvey economic cost","highlights":{"highlight":[],"label":"Updated"},"intlinks":[{"flag":"","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fharvey-flood-insurance.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fharvey-flood-insurance.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fharvey-flood-insurance.jpg"},"original_620":{"w":620,"h":362,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fharvey-flood-insurance.jpg"},"original_300":{"w":300,"h":175,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fharvey-flood-insurance.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fharvey-flood-insurance.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fharvey-flood-insurance.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-flood-insurance-1.4266361","deck":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","description":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fharvey-flood-insurance.jpg","id":"1.4266361","title":"Harvey-Flood Insurance","type":"image","credit":"David J. Phillip\u002FAssociated Press","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-flood-insurance-1.4266361"},"categorization":{"dimensions":[{"entities":[{"name":"Property damage","id":"subject-BFC5B8A091C7100480D2A55C96277D3E"},{"name":"Prices","id":"subject-EC2DEF3088E810048C96F8851349F9BD"},{"name":"Economy","id":"subject-4F7E0448857510048D0AFF2260DD383E"},{"name":"Personal finance","id":"subject-5BFCEA40857510048D1DFF2260DD383E"},{"name":"Business","id":"subject-C8E409F8858510048872FF2260DD383E"},{"name":"General news","id":"subject-F25AF2D07E4E100484F5DF092526B43E"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Pete Mills","id":"Pete Mills"},{"name":"Loretta Worters","id":"Loretta Worters"},{"name":"Robert Hunter","id":"Robert Hunter"},{"name":"Harvey Storm","id":"Harvey Storm"},{"name":"Sandy Superstorm","id":"Sandy Superstorm"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"Air Worldwide","id":"Air Worldwide"},{"name":"Wells Fargo & Co","id":"Wells Fargo & Co"},{"name":"Corelogic","id":"Corelogic"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[{"name":"Consumer Federation Of America","id":"Consumer Federation Of America"},{"name":"Information Institute","id":"Information Institute"},{"name":"Federal Emergency Management Agency","id":"Federal Emergency Management Agency"}],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States\u002FSan Antonio(US)","id":"United States\u002FSan Antonio(US)"},{"name":"United States\u002FCypress","id":"United States\u002FCypress"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FCorpus Christi","id":"United States\u002FCorpus Christi"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-insurance-1.4266601","author":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authors":[]},"deck":"Flood damage alone from Harvey to cost at least $35 billion US, consumer organization executive says","workflowanalysis":{"tags":""},"description":"Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighbourhoods along the Gulf Coast.","headlinemedia":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fharvey-flood-insurance.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fharvey-flood-insurance.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fharvey-flood-insurance.jpg"},"original_620":{"w":620,"h":362,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fharvey-flood-insurance.jpg"},"original_300":{"w":300,"h":175,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fharvey-flood-insurance.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fharvey-flood-insurance.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fharvey-flood-insurance.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-flood-insurance-1.4266361","deck":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","description":"A home is surrounded by floodwaters from Tropical Storm Harvey on Monday, Aug. 28, 2017, in Spring, Texas. Homeowners suffering from Harvey flood damage are more likely to be on the hook for losses than victims of prior storms, a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Experts say far too few homeowners have flood insurance, just two of ten living in Harvey's path of destruction. ","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266361.1504007692!\u002FcpImage\u002FhttpImage\u002Fharvey-flood-insurance.jpg","id":"1.4266361","title":"Harvey-Flood Insurance","type":"image","credit":"David J. Phillip\u002FAssociated Press","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-flood-insurance-1.4266361"},"epoch":{"ontime":"","offtime":"","lastupdate":"1504027925450","pubdate":"1504020037875"},"label":"","type":"story","title":"Most Harvey flood victims uninsured, face big bills alone","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601","embeddedtypes":"","intlinks":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-houston-evacuation-mayor-1.4265483","description":"Devastating floods wrought by the torrential rains of Harvey have forced the mayor of Houston to defend his decision not to order evacuations before the historic storm hit the region. But evacuating an area that size is a significant challenge that comes with its own problems.","id":"1.4265483","type":"story","title":"'A real potential for loss of life and injury': Why Houston didn't evacuate","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fharvey-houston-evacuation-mayor-1.4265483","embeddedtypes":"","shareheadline":"'A real potential for loss of life and injury': Why Houston didn't evacuate"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Ftexas-harvey-stranger-rescues-1.4266192","description":"Neighbours and perfect strangers arrived with boats of all shapes and sizes to help get Houston residents safely out of flooded neighbourhoods.","id":"1.4266192","type":"story","title":"'We're going back.' Strangers help rescue people stranded by Harvey ","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Ftexas-harvey-stranger-rescues-1.4266192","embeddedtypes":"","shareheadline":"'We're going back.' Strangers help rescue people stranded by Harvey "},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-monday-more-rain-1.4264734","description":"Historic flooding from tropical storm Harvey is believed to have killed at least eight people in Texas and was expected to drive some 30,000 from their homes.","id":"1.4264734","type":"story","title":"'A new and different normal': Thousands driven from homes as Harvey hammers Houston","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fhurricane-harvey-monday-more-rain-1.4264734","embeddedtypes":"twitter,customhtml","shareheadline":"'A new and different normal': Thousands driven from homes as Harvey hammers Houston"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-harvey-texas-shelter-1.4266283","description":"The stress of being evacuated because of Harvey is taking its toll on some of the thousands who've ended up in emergency shelters throughout Texas.","id":"1.4266283","type":"story","title":"Life in a Texas hurricane shelter","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fworld\u002Fhurricane-harvey-texas-shelter-1.4266283","embeddedtypes":"","shareheadline":"Life in a Texas hurricane shelter"}],"extattrib":{"urlslug":"harvey insurance ","hasvideo":false,"displaycomments":false,"vfsection":"2.637","hasaudio":false,"hasgallery":false,"olympictags":null},"id":"1.4266601","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"lastupdate":"Aug 29, 2017 1:32 PM ET","shareheadline":"Most Harvey flood victims uninsured, face big bills alone","status":"Updated","pubdate":"Aug 29, 2017 11:20 AM ET"},{"flag":"Analysis","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-harvey.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-harvey-1.4266850","deck":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","description":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fstorm-harvey.jpg","id":"1.4266850","title":"STORM-HARVEY\u002F","type":"image","credit":"Adrees Latif\u002FReuters","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-harvey-1.4266850"},"categorization":{"dimensions":[{"entities":[{"name":"Home prices","id":"subject-828ED58D130343B2B607E399BF431031"},{"name":"Prices","id":"subject-EC2DEF3088E810048C96F8851349F9BD"},{"name":"Business","id":"subject-C8E409F8858510048872FF2260DD383E"},{"name":"Home equity loans","id":"subject-5239ED6088E910048F8EF8851349F9BD"},{"name":"Mortgage insurance","id":"subject-B476C0350A5D4E5C83BC2980FFB6E994"},{"name":"Crime","id":"subject-48612B807C2B4B93BBBACBF54F547AD5"},{"name":"General news","id":"subject-F25AF2D07E4E100484F5DF092526B43E"},{"name":"Summits","id":"subject-B7CC5700886F10048B9FCB8225D5863E"},{"name":"Real estate","id":"subject-CBDE982D7FBE48BF82F40E106E649612"},{"name":"Mortgages","id":"subject-5239ED6088E910048F8FF8851349F9BD"},{"name":"Summits","id":"subject-C64BDBE050"},{"name":"Mortgages","id":"subject-CCDA17EDC1"},{"name":"Home prices","id":"subject-D0E5954CB7"},{"name":"Home equity loans","id":"subject-F4444590C3"}],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[{"name":"Stephen Poloz","id":"Stephen Poloz"},{"name":"Doug Porter","id":"Doug Porter"},{"name":"Robert Hunter","id":"Robert Hunter"},{"name":"Chris Wattie","id":"Chris Wattie"},{"name":"Latif Tpx","id":"Latif Tpx"},{"name":"Don Pittis","id":"Don Pittis"},{"name":"Rick Wilking","id":"Rick Wilking"},{"name":"Barbara Koster","id":"Barbara Koster"},{"name":"Tim Freiberg","id":"Tim Freiberg"},{"name":"Grant Thomas","id":"Grant Thomas"},{"name":"Beata Caranci","id":"Beata Caranci"}],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[{"name":"U S","id":"U S"},{"name":"Canadian Broadcasting Corporation","id":"Canadian Broadcasting Corporation"},{"name":"Bank of Montreal","id":"Bank of Montreal"},{"name":"Mortgage","id":"Mortgage"},{"name":"Bank Of Canada","id":"Bank Of Canada"},{"name":"Housing","id":"Housing"}],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[{"name":"Osfi","id":"Osfi"}],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[{"name":"News Analysis","id":"News Analysis"},{"name":"Hurricane Harvey","id":"Hurricane Harvey"}],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[{"name":"United States\u002FOttawa(US)","id":"United States\u002FOttawa(US)"},{"name":"Canada\u002FToronto","id":"Canada\u002FToronto"},{"name":"United States\u002FHarvey(US.IL)","id":"United States\u002FHarvey(US.IL)"},{"name":"United States\u002FOntario","id":"United States\u002FOntario"},{"name":"United States\u002FHouston","id":"United States\u002FHouston"},{"name":"Canada","id":"Canada"},{"name":"United States\u002FTexas","id":"United States\u002FTexas"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhousing-bubble-prices-1.4266589","author":{"bio":{"name":"Don Pittis","photo":{"derivatives":{"square_140":{"w":140,"h":140,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_140\u002Fdon-pittis.jpg"},"square_300":{"w":300,"h":300,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_300\u002Fdon-pittis.jpg"},"square_620":{"w":620,"h":620,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Fsquare_620\u002Fdon-pittis.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fdon-pittis-1.3803860","deck":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit.","description":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit.","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.3803860.1476389263!\u002FfileImage\u002FhttpImage\u002Fdon-pittis.jpg","id":"1.3803860","title":"Don Pittis","type":"image","credit":"Timothy Neesam\u002FCBC","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fphotos\u002Fdon-pittis-1.3803860"},"biography":"Don Pittis was a forest firefighter and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC's business unit. ","title":"The Business Unit"},"authors":["Don Pittis"]},"deck":"Why regulators are so worried about letting market forces rule","workflowanalysis":{"tags":""},"description":"Markets are wonderful tools but regulators worry homeowners just don't think about market consequences. ","headlinemedia":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-harvey.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-harvey.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-harvey.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-harvey.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-harvey.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-harvey.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-harvey.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-harvey-1.4266850","deck":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","description":"Barbara Koster stands on her front door as she surveys her property which was left devastated by Hurricane Harvey in Rockport, Texas, U.S. August 26, 2017. REUTERS\u002FAdrees Latif     TPX IMAGES OF THE DAY - RTX3DGQO","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4266850.1504025326!\u002FfileImage\u002FhttpImage\u002Fstorm-harvey.jpg","id":"1.4266850","title":"STORM-HARVEY\u002F","type":"image","credit":"Adrees Latif\u002FReuters","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-harvey-1.4266850"},"epoch":{"ontime":"1504083605754","offtime":"","lastupdate":"1504101160019","pubdate":"1504083605754"},"label":"Analysis","type":"story","title":"Hurricane Harvey's lesson for Canadian real estate: Don Pittis","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhousing-bubble-prices-1.4266589","embeddedtypes":"","intlinks":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fharvey-insurance-1.4266601","description":"Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighbourhoods along the Gulf Coast.","id":"1.4266601","type":"story","title":"Most Harvey flood victims uninsured, face big bills alone","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fharvey-insurance-1.4266601","embeddedtypes":"","shareheadline":"Most Harvey flood victims uninsured, face big bills alone"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fcrea-home-sales-july-1.4247625","description":"The average selling price of a Canadian home has fallen by 0.3 per cent in the past year, the first yearly decline since 2013.","id":"1.4247625","type":"story","title":"Average price of Canadian home sold in July inched down 0.3% to $478,696  in past year","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fcrea-home-sales-july-1.4247625","embeddedtypes":"customhtml","shareheadline":"Average sales price of Canadian home declines compared to previous year for 1st time since 2013 "},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fofsi-mortgage-rules-1.4194012","description":"New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a mortgage. ","id":"1.4194012","type":"story","title":"Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fcanada\u002Fbritish-columbia\u002Fofsi-mortgage-rules-1.4194012","embeddedtypes":"","shareheadline":"Could you handle a 2% mortgage rate hike? New rules coming"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fbanks-finance-lobbying-government-1.4155703","description":"Canada’s big banks and the association that represents them have lobbied government officials hundreds of times since the last election – including the watchdogs charged with policing them and members of the parliamentary committee now examining their practices.","id":"1.4155703","type":"story","title":"Banking industry has lobbied officials, MPs hundreds of times","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fpolitics\u002Fbanks-finance-lobbying-government-1.4155703","embeddedtypes":"customhtml","shareheadline":"Big banks lobbied officials, MPs, even watchdogs who police them"},{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fosfi-bundled-mortgage-loan-ban-1.4192727","description":"Canada plans to ban some bundled residential mortgages to clamp down on risky lending, a regulator said on Thursday, six months after revelations that regulated mortgage providers were teaming up with unregulated rivals to circumvent rules. ","id":"1.4192727","type":"story","title":"Canada's financial regulator proposes ban on bundled mortgage loans","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fosfi-bundled-mortgage-loan-ban-1.4192727","embeddedtypes":"","shareheadline":"Canada's financial regulator proposes ban on bundled mortgage loans"}],"extattrib":{"urlslug":"Housing-bubble-prices","hasvideo":false,"displaycomments":true,"vfsection":"2.637","hasaudio":false,"hasgallery":false,"olympictags":null},"id":"1.4266589","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"lastupdate":"Aug 30, 2017 9:52 AM ET","shareheadline":"Hurricane Harvey's lesson for Canadian real estate: Don Pittis","status":"","pubdate":"Aug 30, 2017 5:00 AM ET"}],"corrections":[],"similarlinks":[],"displaycomments":true,"clarifications":[],"lastupdate":"Aug 30, 2017 1:50 PM ET","status":"","geolocation":"","olympictags":null,"pageType":"detail","isDetailTracking":true}},"app":{"path":"news\u002Fbusiness\u002Fhurricane-harvey-economic-cost-1.4268493","baseSection":"news","subSection":"business","section":"news\u002Fbusiness","sponsored":false,"pageType":"detail","ad_hierarchy":"\u002F5876\u002Ffeed\u002Fnews\u002Fbusiness\u002Fstory","contentId":"1.4268493","contentType":"story","title":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever | CBC News","meta":{"canonical":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-cost-1.4268493","description":"The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.","twitter:card":"summary_large_image","twitter:site":"@cbc","google-site-verification":"pJy_QmRvDz2tr7X8eQ6Y1L3Se-8RWM_PpJX42Pr_fYo","robots":"","vf:unique_id":"1.4268493","vf:section":"2.637","og:url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-harvey-economic-cost-1.4268493","og:title":"Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever | CBC News","og:image":"https:\u002F\u002Fi.cbc.ca\u002F1.4268648.1504111798!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-harvey.jpg","og:description":"The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.","og:type":"article","fb:pages":"5823419603","og:locale":"en_US","og:site_name":"CBC"},"bannerImage":"","statusCode":200},"photogallery":{"items":{}},"regions":{"selected":{"title":"Ottawa","path":"news\u002Fcanada\u002Fottawa","id":56}},"tracking":{"tracking":{"type":"story","trackingId":"1.4268493","contentarea":"news","contenttype":"story","subsection1":"business","subsection2":"","subsection3":"","subsection4":""}},"videoContent":{"list":{},"detail":{"contentId":-1,"sourceId":"","title":"","description":"","imageURL":"","publishTime":"","availableDate":"","unavailableDate":"","url":"","source":"mpx","category":"","itemType":"video","approved":false}},"notifications":{"visible":[],"dismissed":[]},"schedule":{},"loadMore":{"disabled":false,"inProgress":false,"isHidden":false},"errors":{"list":[]},"persistentPlayer":{"id":"","playerState":"closed"},"search":{},"plus":{"content":{},"audienceSegments":[]},"cookieJar":{"cookies":null}};</script>
                <script>window.webpackManifest = {"0":"scripts/0.js","1":"scripts/1.js","2":"scripts/2.js","3":"scripts/3.js","4":"scripts/4.js","5":"scripts/5.js","6":"scripts/6.js","7":"scripts/7.js","8":"scripts/8.js","9":"scripts/9.js","10":"scripts/10.js","11":"scripts/11.js","12":"scripts/12.js","13":"scripts/13.js","14":"scripts/14.js","15":"scripts/15.js","16":"scripts/16.js","17":"scripts/17.js","18":"scripts/18.js","19":"scripts/19.js","20":"scripts/20.js","21":"scripts/21.js","22":"scripts/22.js","23":"scripts/23.js","24":"scripts/24.js","25":"scripts/25.js","26":"scripts/26.js","27":"scripts/27.js","28":"scripts/28.js","29":"scripts/29.js","30":"scripts/30.js","31":"scripts/31.js","32":"scripts/32.js","33":"scripts/33.js","34":"scripts/34.js","35":"scripts/35.js","36":"scripts/36.js","37":"scripts/37.js","38":"scripts/38.js","39":"scripts/39.js","40":"scripts/40.js"}</script>
                <script src="/a/scripts/config.production.js"></script>
                <script src="//www.cbc.ca/g/stats/js/cbc-stats-top.js" defer></script>
                <script>if(!window.CBC) { window.CBC = {}; } if(!CBC.APP) { CBC.APP = {}; } if(!CBC.APP.SC) { CBC.APP.SC = {}; } if ( typeof(CBC) !== "undefined" && typeof(CBC.APP) !== "undefined" && typeof(CBC.APP.SC) !== "undefined" ) CBC.APP.SC.preventDefault=true</script>
                <script src=/a/scripts/defer.js defer></script>
                <div id="app"><div class="appContainer newsTheme viewportLarge detail loaded" data-reactroot=""><div class="ad-risingstar responsive"></div><div class="globalheader-placeholder"></div><header class="globalHeader viewportLarge"><input type="button" class="toggleMenu" tabindex="-1"/><a class="accessibilitySkipLink" href="#content">Skip to Main Content</a><div class="menuNavWrapper"><a class="logo" href="/"><div class="icon"><svg class="logoIcon headerLogo" width="34px" height="34px" viewBox="0 0 100 100"><path d="M 41.647569,55.601135 C 49.353153,55.601135 55.600748,49.353577 55.600748,41.65033 C 55.600748,33.942505 49.353153,27.695862 41.647569,27.695862 C 33.938783,27.695862 27.688441,33.942505 27.688441,41.65033 C 27.688441,49.353577 33.938783,55.601135 41.647569,55.601135 z "></path><path d=""></path><path d="M 25.53465,55.601135 C 17.823576,55.601135 11.57415,49.353577 11.57415,41.65033 C 11.57415,33.942505 17.823576,27.690369 25.534193,27.690369 L 25.53465,55.601135 z "></path><path d="M 57.757743,70.996643 L 57.761402,57.755371 L 71.009159,57.76178 C 71.009159,65.080505 65.074675,70.996643 57.757743,70.996643 z "></path><path d="M 25.534193,25.542541 L 12.269954,25.544372 C 12.269954,18.223815 18.210847,12.286622 25.534193,12.286622"></path><path d="M 25.53465,71.003967 L 25.53465,57.755371 L 12.273617,57.76178 C 12.273617,65.080505 18.207642,71.003967 25.53465,71.003967 z "></path><path d="M 73.880269,53.640075 L 73.872946,29.658752 C 77.958054,32.092225 80.695496,36.549927 80.695496,41.65033 C 80.695496,46.74707 77.958054,51.202026 73.880269,53.640075 z "></path><path d="M 29.65409,9.416443 L 53.636012,9.4201053 C 51.202525,5.3350221 46.749374,2.6030886 41.6494,2.6030886 C 36.548509,2.6030886 32.088491,5.3350221 29.65409,9.416443 z "></path><path d="M 53.460228,73.878723 L 29.474187,73.875976 C 31.909047,77.958312 36.365402,80.695739 41.466294,80.695739 C 46.566268,80.695739 51.023081,77.961975 53.460228,73.878723 z "></path><path d="M 55.597084,57.76178 C 55.597084,65.47052 49.353153,71.716247 41.647569,71.716247 C 33.938783,71.716247 27.68661,65.47052 27.68661,57.761779 L 55.597084,57.76178 z "></path><path d="M 57.761402,55.601135 C 65.466527,55.601135 71.719616,49.353577 71.719616,41.65033 C 71.719616,33.942506 65.466527,27.690369 57.761402,27.690369 L 57.761402,55.601135 z "></path><path d="M 55.597084,25.559022 C 55.597084,17.853942 49.353153,11.606385 41.647569,11.606385 C 33.938783,11.606385 27.68661,17.853942 27.68661,25.559022 L 55.597084,25.559022 z "></path><path d="M 9.4144081,53.640075 L 9.4203588,29.658752 C 5.3338786,32.092225 2.6028445,36.549927 2.6028445,41.65033 C 2.6028445,46.74707 5.3338786,51.202026 9.4144081,53.640075 z "></path><path d="M 57.761402,25.542541 L 57.757743,12.298523 C 65.074675,12.298523 71.009159,18.229309 71.009159,25.551697"></path></svg></div><span>CBC</span></a><a class="menuButton" aria-controls="mainMenuNav" aria-label="Open CBC Main Menu" aria-expanded="false" id="menuButton" role="" href="/sitemap">Menu<!-- --> <div class="icon"><svg class="chevronIcon" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><div class="sideMenu"><a aria-expanded="false" aria-label="Search" class="navLink search" id="searchButton" role="" href="/search"><div class="icon"><svg class="searchIcon headerSearch" width="24px" height="24px" viewBox="0 0 100 100"><path d="M95.4,92.3L63,59.9c5.7-6.4,9.1-14.7,9.1-23.9c0-19.9-16.2-36-36-36C16.2,0,0,16.2,0,36s16.2,36,36,36 c9.2,0,17.5-3.5,23.9-9.1l32.4,32.4c0.4,0.4,1,0.6,1.5,0.6c0.6,0,1.1-0.2,1.5-0.6C96.2,94.5,96.2,93.2,95.4,92.3L95.4,92.3z M36,67.8C18.5,67.8,4.3,53.6,4.3,36C4.3,18.5,18.5,4.3,36,4.3c17.5,0,31.8,14.3,31.8,31.8c0,8-3,15.3-7.9,20.9 c-0.9,1.1-1.9,2.1-3,3C51.3,64.8,44,67.8,36,67.8L36,67.8z M36,67.8"></path></svg></div></a><div class="headerSearchBar"><div class="searchBar compact"><form class="searchForm"><input type="search" name="query" class="searchInput" value="" id="gn-search" placeholder="Search CBC.ca" aria-label="Search CBC.ca"/><button action="submit" class="searchButton">Search</button></form></div></div></div><nav class="menuNav sclt-menunav" aria-label="CBC Main" id="mainMenuNav" tabindex="-1"><button class="menuClose sclt-menuRoundIconClose" aria-label="Close Menu"><div class="icon"><svg class="closeIcon" width="20px" height="19px" viewBox="0 0 20 19"><polygon points="20 0.01 17.6 0 10 7.6 2.4 0 0 0.01 8.79 8.81 0 17.6 2.44 17.57 10 10.02 17.56 17.57 20 17.6 11.21 8.81 20 0.01"></polygon></svg></div></button><div class="menuSidebar sclt-menuQuickLinks"><h5 class="menuSidebarHeading">Quick Links</h5><ul class="subNavList menuSidebarSubNav"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-news" href="/news">News</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-sports" href="/sports">Sports</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-olympics" href="https://olympics.cbc.ca">Olympics</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-radio" href="/radio">Radio</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-listen-live" href="//listen.cbc.ca">Listen Live</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-tv" href="/television">TV</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-watch" href="//watch.cbc.ca">Watch</a></li></ul><button class="closeButton">Close Menu</button></div><ul class="menuList mainMenu" aria-hidden="true" aria-label="Menu closed"><li class="nav-cbc-ca-home mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/">CBC.ca HOME<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"></ul></li><li class="nav-discover-cbc mainMenuItem hasSubsection"><span class="navSection"> <!-- -->Discover CBC</span><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-comedy" href="/comedy">Comedy</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-arts" href="/arts">Arts</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-music" href="http://music.cbc.ca/">Music</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-books" href="/books">Books</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-docs" href="/documentaries">Docs</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-life" href="/life">Life</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-parents" href="http://www.cbc.ca/parents/">Parents</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-kids" href="http://cbckids.ca/">Kids</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-junos" href="/music/junos">Junos</a></li></ul></li><li class="nav-all-locals mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/news/local">All Locals<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-british-columbia" href="/news/canada/british-columbia">British Columbia</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-calgary" href="/news/canada/calgary">Calgary</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-edmonton" href="/news/canada/edmonton">Edmonton</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-saskatchewan" href="/news/canada/saskatchewan">Saskatchewan</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-saskatoon" href="/news/canada/saskatoon">Saskatoon</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-manitoba" href="/news/canada/manitoba">Manitoba</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-thunder-bay" href="/news/canada/thunder-bay">Thunder Bay</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-sudbury" href="/news/canada/sudbury">Sudbury</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-windsor" href="/news/canada/windsor">Windsor</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-london" href="/news/canada/london">London</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-kitchener-waterloo" href="/news/canada/kitchener-waterloo">Kitchener-Waterloo</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-hamilton" href="/news/canada/hamilton">Hamilton</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-toronto" href="/news/canada/toronto">Toronto</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-ottawa" href="/news/canada/ottawa">Ottawa</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-montreal" href="/news/canada/montreal">Montreal</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-new-brunswick" href="/news/canada/new-brunswick">New Brunswick</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-prince-edward-island" href="/news/canada/prince-edward-island">Prince Edward Island</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-nova-scotia" href="/news/canada/nova-scotia">Nova Scotia</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-newfoundland-labrador" href="/news/canada/newfoundland-labrador">Newfoundland &amp; Labrador</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-north" href="/news/canada/north">North</a></li></ul></li><li class="nav-my-local-settings mainMenuItem hasSubsection hasRegions"><span class="navSection"><div class="icon"><svg class="settingsIcon" width="24px" height="24px" viewBox="0 0 24 24"><path d="M23.72,10.67a1.06,1.06,0,0,0-.74-.34l-2-.09a9.15,9.15,0,0,0-1-2.69L21.48,6.2a1.06,1.06,0,0,0,.06-1.5L20.08,3.11A1.06,1.06,0,0,0,18.59,3L17.12,4.4a9.15,9.15,0,0,0-2.6-1.21l.09-2a1.06,1.06,0,0,0-1-1.1L11.43,0a1.06,1.06,0,0,0-1.1,1l-.09,2A9.12,9.12,0,0,0,7.55,4L6.2,2.52a1.06,1.06,0,0,0-1.5-.06L3.11,3.92a1.06,1.06,0,0,0-.06,1.5L4.4,6.88a9.18,9.18,0,0,0-1.21,2.6l-2-.09a1.06,1.06,0,0,0-1.1,1L0,12.57a1.06,1.06,0,0,0,1,1.1l2,.09a9.15,9.15,0,0,0,1,2.69L2.52,17.8a1.06,1.06,0,0,0-.06,1.5l1.46,1.59a1.06,1.06,0,0,0,1.5.06L6.88,19.6a9.17,9.17,0,0,0,2.6,1.21l-.09,2a1.06,1.06,0,0,0,1,1.1l2.16.09h0a1.06,1.06,0,0,0,1.06-1l.08-2a9.16,9.16,0,0,0,2.69-1l1.35,1.47a1.06,1.06,0,0,0,1.5.06l1.59-1.46a1.06,1.06,0,0,0,.06-1.5L19.6,17.12a9.13,9.13,0,0,0,1.21-2.6l2,.09a1.06,1.06,0,0,0,1.1-1L24,11.43A1.06,1.06,0,0,0,23.72,10.67ZM11.79,16.94A4.94,4.94,0,0,1,12,7.06h.22a4.94,4.94,0,1,1-.42,9.87Z"></path></svg></div> <!-- -->My Local Settings</span><div class="regionsListWrapper"><div class="regionNameWrapper"><a class="regionLink currentRegion" id="current-local" aria-label="Visit current local: Ottawa" href="/news/canada/ottawa">Ottawa<!-- --> <div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a></div><button class="regionButton" aria-controls="regionsList" aria-expanded="false" aria-describedby="about-region-change">Change</button><span class="a11y" id="about-region-change">quickly access local content from your selected region</span><form class="regionForm" action=""><span class="regionFormIntro">Select a new default local region:</span><ul id="regionsList" class="regionsList" aria-hidden="true"><li class="regionsListItem"><label data-id="43" data-path="news/canada/british-columbia" data-acronym="bc" class="regionItemLabel" for="region-43megamenu"><input type="radio" name="region" value="British Columbia" class="regionRadioButton" id="region-43megamenu"/>British Columbia</label></li><li class="regionsListItem"><label data-id="45" data-path="news/canada/calgary" data-acronym="Calgary" class="regionItemLabel" for="region-45megamenu"><input type="radio" name="region" value="Calgary" class="regionRadioButton" id="region-45megamenu"/>Calgary</label></li><li class="regionsListItem"><label data-id="46" data-path="news/canada/edmonton" data-acronym="Edmonton" class="regionItemLabel" for="region-46megamenu"><input type="radio" name="region" value="Edmonton" class="regionRadioButton" id="region-46megamenu"/>Edmonton</label></li><li class="regionsListItem"><label data-id="47" data-path="news/canada/saskatchewan" data-acronym="sask" class="regionItemLabel" for="region-47megamenu"><input type="radio" name="region" value="Saskatchewan" class="regionRadioButton" id="region-47megamenu"/>Saskatchewan</label></li><li class="regionsListItem"><label data-id="48" data-path="news/canada/saskatoon" data-acronym="Saskatoon" class="regionItemLabel" for="region-48megamenu"><input type="radio" name="region" value="Saskatoon" class="regionRadioButton" id="region-48megamenu"/>Saskatoon</label></li><li class="regionsListItem"><label data-id="49" data-path="news/canada/manitoba" data-acronym="Manitoba" class="regionItemLabel" for="region-49megamenu"><input type="radio" name="region" value="Manitoba" class="regionRadioButton" id="region-49megamenu"/>Manitoba</label></li><li class="regionsListItem"><label data-id="50" data-path="news/canada/thunder-bay" data-acronym="thunderbay" class="regionItemLabel" for="region-50megamenu"><input type="radio" name="region" value="Thunder Bay" class="regionRadioButton" id="region-50megamenu"/>Thunder Bay</label></li><li class="regionsListItem"><label data-id="51" data-path="news/canada/sudbury" data-acronym="Sudbury" class="regionItemLabel" for="region-51megamenu"><input type="radio" name="region" value="Sudbury" class="regionRadioButton" id="region-51megamenu"/>Sudbury</label></li><li class="regionsListItem"><label data-id="52" data-path="news/canada/windsor" data-acronym="Windsor" class="regionItemLabel" for="region-52megamenu"><input type="radio" name="region" value="Windsor" class="regionRadioButton" id="region-52megamenu"/>Windsor</label></li><li class="regionsListItem"><label data-id="100" data-path="news/canada/london" data-acronym="london" class="regionItemLabel" for="region-100megamenu"><input type="radio" name="region" value="London" class="regionRadioButton" id="region-100megamenu"/>London</label></li><li class="regionsListItem"><label data-id="53" data-path="news/canada/kitchener-waterloo" data-acronym="Kitchener-Waterloo" class="regionItemLabel" for="region-53megamenu"><input type="radio" name="region" value="Kitchener-Waterloo" class="regionRadioButton" id="region-53megamenu"/>Kitchener-Waterloo</label></li><li class="regionsListItem"><label data-id="54" data-path="news/canada/hamilton" data-acronym="Hamilton" class="regionItemLabel" for="region-54megamenu"><input type="radio" name="region" value="Hamilton" class="regionRadioButton" id="region-54megamenu"/>Hamilton</label></li><li class="regionsListItem"><label data-id="55" data-path="news/canada/toronto" data-acronym="Toronto" class="regionItemLabel" for="region-55megamenu"><input type="radio" name="region" value="Toronto" class="regionRadioButton" id="region-55megamenu"/>Toronto</label></li><li class="regionsListItem"><label data-id="57" data-path="news/canada/montreal" data-acronym="Montreal" class="regionItemLabel" for="region-57megamenu"><input type="radio" name="region" value="Montreal" class="regionRadioButton" id="region-57megamenu"/>Montreal</label></li><li class="regionsListItem"><label data-id="58" data-path="news/canada/new-brunswick" data-acronym="nb" class="regionItemLabel" for="region-58megamenu"><input type="radio" name="region" value="New Brunswick" class="regionRadioButton" id="region-58megamenu"/>New Brunswick</label></li><li class="regionsListItem"><label data-id="59" data-path="news/canada/prince-edward-island" data-acronym="pei" class="regionItemLabel" for="region-59megamenu"><input type="radio" name="region" value="Prince Edward Island" class="regionRadioButton" id="region-59megamenu"/>Prince Edward Island</label></li><li class="regionsListItem"><label data-id="60" data-path="news/canada/nova-scotia" data-acronym="ns" class="regionItemLabel" for="region-60megamenu"><input type="radio" name="region" value="Nova Scotia" class="regionRadioButton" id="region-60megamenu"/>Nova Scotia</label></li><li class="regionsListItem"><label data-id="61" data-path="news/canada/newfoundland-labrador" data-acronym="nl" class="regionItemLabel" for="region-61megamenu"><input type="radio" name="region" value="Newfoundland &amp; Labrador" class="regionRadioButton" id="region-61megamenu"/>Newfoundland &amp; Labrador</label></li><li class="regionsListItem"><label data-id="62" data-path="news/canada/north" data-acronym="North" class="regionItemLabel" for="region-62megamenu"><input type="radio" name="region" value="North" class="regionRadioButton" id="region-62megamenu"/>North</label></li></ul></form></div></li><li class="nav-news mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/news">News<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-top-stories" href="/news">Top Stories</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-local" href="/news/local">Local</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-the-national" href="http://www.cbc.ca/news/thenational">The National</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-opinion" href="/news/opinion">Opinion</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-world" href="/news/world">World</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-canada" href="/news/canada">Canada</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-politics" href="/news/politics">Politics</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-indigenous" href="/news/indigenous">Indigenous</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-business" href="/news/business">Business</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-health" href="/news/health">Health</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-entertainment" href="/news/entertainment">Entertainment</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-tech-science" href="/news/technology">Tech &amp; Science</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-cbc-news-investigates" href="/news/investigates">CBC News Investigates</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-go-public" href="/news/gopublic">Go Public</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-shows" href="/news/shows">Shows</a></li></ul></li><li class="nav-sports mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/sports">Sports<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-top-stories" href="/sports">Top Stories</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-scores" href="/sports/scores">Scores</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-nhl" href="/sports/hockey/nhl">NHL</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-olympics" href="https://olympics.cbc.ca">Olympics</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-player-s-own-voice" href="http://www.cbc.ca/playersvoice/">Player&#x27;s Own Voice</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-video" href="/sports/video">Video</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-all-sports" href="/sports/all">All Sports</a></li></ul></li><li class="nav-radio mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/radio">Radio<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-top-stories" href="/radio">Top Stories</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-all-shows" href="/radio/shows">All Shows</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-podcasts" href="http://www.cbc.ca/radio/podcasts/">Podcasts</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-schedules" href="http://www.cbc.ca/programguide/daily/today/cbc_radio_one">Schedules</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-listen-live" href="http://www.cbc.ca/listen/live/">LISTEN LIVE</a></li></ul></li><li class="nav-tv mainMenuItem hasSubsection"><a class="navLink sectionLink" href="/television">TV<div class="icon"><svg class="chevronIcon horizontal" width="10px" height="10px" viewBox="0 0 10 10"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></div></a><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-shows" href="http://www.cbc.ca/television/shows">Shows</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-schedule" href="http://www.cbc.ca/programguide/daily/today/cbc_television">Schedule</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-watch" href="http://watch.cbc.ca">Watch</a></li></ul></li><li class="nav-more mainMenuItem hasSubsection"><span class="navSection"> <!-- -->More</span><ul class="subNavList"><li class="navItem subNavListItem"><a class="navLink subNavLink nav-digital-archives" href="http://www.cbc.ca/archives/">Digital Archives</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-shop" href="http://www.cbcshop.ca/">Shop</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-sitemap" href="http://www.cbc.ca/sitemap/">Sitemap</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-help" href="https://cbchelp.cbc.ca/hc/en-us">Help</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-contact" href="https://cbchelp.cbc.ca/">Contact</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-contests" href="http://www.cbc.ca/contests/">Contests</a></li></ul></li></ul></nav></div><nav class="sclt-landingnav landingNav" aria-label="CBC news"><div class="landingWrapper"><ul class="responsiveNav subNavList" id=""><li class="gemWrapper subNavListItem"><div class="gemSectionLink" id="section-link-title"><div class="icon"><svg class="logoIcon detailGem" width="34px" height="34px" viewBox="0 0 100 100"><path d="M 41.647569,55.601135 C 49.353153,55.601135 55.600748,49.353577 55.600748,41.65033 C 55.600748,33.942505 49.353153,27.695862 41.647569,27.695862 C 33.938783,27.695862 27.688441,33.942505 27.688441,41.65033 C 27.688441,49.353577 33.938783,55.601135 41.647569,55.601135 z "></path><path d=""></path><path d="M 25.53465,55.601135 C 17.823576,55.601135 11.57415,49.353577 11.57415,41.65033 C 11.57415,33.942505 17.823576,27.690369 25.534193,27.690369 L 25.53465,55.601135 z "></path><path d="M 57.757743,70.996643 L 57.761402,57.755371 L 71.009159,57.76178 C 71.009159,65.080505 65.074675,70.996643 57.757743,70.996643 z "></path><path d="M 25.534193,25.542541 L 12.269954,25.544372 C 12.269954,18.223815 18.210847,12.286622 25.534193,12.286622"></path><path d="M 25.53465,71.003967 L 25.53465,57.755371 L 12.273617,57.76178 C 12.273617,65.080505 18.207642,71.003967 25.53465,71.003967 z "></path><path d="M 73.880269,53.640075 L 73.872946,29.658752 C 77.958054,32.092225 80.695496,36.549927 80.695496,41.65033 C 80.695496,46.74707 77.958054,51.202026 73.880269,53.640075 z "></path><path d="M 29.65409,9.416443 L 53.636012,9.4201053 C 51.202525,5.3350221 46.749374,2.6030886 41.6494,2.6030886 C 36.548509,2.6030886 32.088491,5.3350221 29.65409,9.416443 z "></path><path d="M 53.460228,73.878723 L 29.474187,73.875976 C 31.909047,77.958312 36.365402,80.695739 41.466294,80.695739 C 46.566268,80.695739 51.023081,77.961975 53.460228,73.878723 z "></path><path d="M 55.597084,57.76178 C 55.597084,65.47052 49.353153,71.716247 41.647569,71.716247 C 33.938783,71.716247 27.68661,65.47052 27.68661,57.761779 L 55.597084,57.76178 z "></path><path d="M 57.761402,55.601135 C 65.466527,55.601135 71.719616,49.353577 71.719616,41.65033 C 71.719616,33.942506 65.466527,27.690369 57.761402,27.690369 L 57.761402,55.601135 z "></path><path d="M 55.597084,25.559022 C 55.597084,17.853942 49.353153,11.606385 41.647569,11.606385 C 33.938783,11.606385 27.68661,17.853942 27.68661,25.559022 L 55.597084,25.559022 z "></path><path d="M 9.4144081,53.640075 L 9.4203588,29.658752 C 5.3338786,32.092225 2.6028445,36.549927 2.6028445,41.65033 C 2.6028445,46.74707 5.3338786,51.202026 9.4144081,53.640075 z "></path><path d="M 57.761402,25.542541 L 57.757743,12.298523 C 65.074675,12.298523 71.009159,18.229309 71.009159,25.551697"></path></svg></div><a class="navLink subNavLink" href="/news">news</a></div></li><li class="navItem subNavListItem"><a class="navLink subNavLink firstItem nav-top-stories" href="/news">Top Stories</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-local" href="/news/local">Local</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-the-national" href="http://www.cbc.ca/news/thenational">The National</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-opinion" href="/news/opinion">Opinion</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-world" href="/news/world">World</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-canada" href="/news/canada">Canada</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-politics" href="/news/politics">Politics</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-indigenous" href="/news/indigenous">Indigenous</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-business" href="/news/business">Business</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-health" href="/news/health">Health</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-entertainment" href="/news/entertainment">Entertainment</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-tech-science" href="/news/technology">Tech &amp; Science</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-cbc-news-investigates" href="/news/investigates">CBC News Investigates</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-go-public" href="/news/gopublic">Go Public</a></li><li class="navItem subNavListItem"><a class="navLink subNavLink nav-shows" href="/news/shows">Shows</a></li></ul></div><h1 class="selectedNav"><a class="navLink selectedNavTitle" href="/news/business">Business</a></h1></nav><div class="detailNav"><div class="detailNavCentered sclt-detailnav"><div class="gemSectionLink" id="section-link-title"><div class="icon"><svg class="logoIcon detailGem" width="34px" height="34px" viewBox="0 0 100 100"><path d="M 41.647569,55.601135 C 49.353153,55.601135 55.600748,49.353577 55.600748,41.65033 C 55.600748,33.942505 49.353153,27.695862 41.647569,27.695862 C 33.938783,27.695862 27.688441,33.942505 27.688441,41.65033 C 27.688441,49.353577 33.938783,55.601135 41.647569,55.601135 z "></path><path d=""></path><path d="M 25.53465,55.601135 C 17.823576,55.601135 11.57415,49.353577 11.57415,41.65033 C 11.57415,33.942505 17.823576,27.690369 25.534193,27.690369 L 25.53465,55.601135 z "></path><path d="M 57.757743,70.996643 L 57.761402,57.755371 L 71.009159,57.76178 C 71.009159,65.080505 65.074675,70.996643 57.757743,70.996643 z "></path><path d="M 25.534193,25.542541 L 12.269954,25.544372 C 12.269954,18.223815 18.210847,12.286622 25.534193,12.286622"></path><path d="M 25.53465,71.003967 L 25.53465,57.755371 L 12.273617,57.76178 C 12.273617,65.080505 18.207642,71.003967 25.53465,71.003967 z "></path><path d="M 73.880269,53.640075 L 73.872946,29.658752 C 77.958054,32.092225 80.695496,36.549927 80.695496,41.65033 C 80.695496,46.74707 77.958054,51.202026 73.880269,53.640075 z "></path><path d="M 29.65409,9.416443 L 53.636012,9.4201053 C 51.202525,5.3350221 46.749374,2.6030886 41.6494,2.6030886 C 36.548509,2.6030886 32.088491,5.3350221 29.65409,9.416443 z "></path><path d="M 53.460228,73.878723 L 29.474187,73.875976 C 31.909047,77.958312 36.365402,80.695739 41.466294,80.695739 C 46.566268,80.695739 51.023081,77.961975 53.460228,73.878723 z "></path><path d="M 55.597084,57.76178 C 55.597084,65.47052 49.353153,71.716247 41.647569,71.716247 C 33.938783,71.716247 27.68661,65.47052 27.68661,57.761779 L 55.597084,57.76178 z "></path><path d="M 57.761402,55.601135 C 65.466527,55.601135 71.719616,49.353577 71.719616,41.65033 C 71.719616,33.942506 65.466527,27.690369 57.761402,27.690369 L 57.761402,55.601135 z "></path><path d="M 55.597084,25.559022 C 55.597084,17.853942 49.353153,11.606385 41.647569,11.606385 C 33.938783,11.606385 27.68661,17.853942 27.68661,25.559022 L 55.597084,25.559022 z "></path><path d="M 9.4144081,53.640075 L 9.4203588,29.658752 C 5.3338786,32.092225 2.6028445,36.549927 2.6028445,41.65033 C 2.6028445,46.74707 5.3338786,51.202026 9.4144081,53.640075 z "></path><path d="M 57.761402,25.542541 L 57.757743,12.298523 C 65.074675,12.298523 71.009159,18.229309 71.009159,25.551697"></path></svg></div><a class="navLink subNavLink" href="/news">news</a></div><span class="detailNavHeadline">Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever</span><div class="share collapsed"><div class="viafoura"><div class="vf-widget vf-share-bar-vertical" data-widget="sharebar" data-button-view="true" data-path="/news/business/hurricane-harvey-economic-cost-1.4268493" data-show-labels="false" data-show-counters="false" data-show-total="false"></div></div></div></div></div></header><main class="feed-content content" id="content"><div class="detail detailBody hasNotification"><div></div><div class="notificationArea"><h2 class="sectionTitle a11y"><span class="sectionTitleText">Notifications</span></h2><div class="banner notice"><span>We&#x27;re experimenting with a new look. <a href="https://responsive.cbc.ca/hc/en-us/sections/207478947-About-the-CBC-ca-Redesign" aria-label="Learn why this website is different" id="learnMoreLink">Learn more</a>.</span><div class="zendeskWidget"><div class="userSplitTest"></div></div></div></div><div class="share"><div class="viafoura"><div class="vf-widget vf-share-bar-vertical" data-widget="sharebar" data-button-view="false" data-path="/news/business/hurricane-harvey-economic-cost-1.4268493" data-show-labels="false" data-show-counters="false" data-show-total="true"></div></div></div><div class="detailBodyContent sclt-storycontent"><h1 class="detailHeadline">Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever</h1><div class="detailSummary">The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.</div><h2 class="deck">Much of the economic costs unlikely to be covered by insurance</h2><div class="byline"><div class="bylineDetails">CBC News<span class="bullet"> · </span><time class="timeStamp" dateTime="2017-08-30T17:50:15.259Z">Posted: Aug 30, 2017 1:08 PM ET | Last Updated: August 30, 2017</time></div></div><div><span class="imageMedia leadmedia-story full"><div class="placeholder"><div class="placeholderImage aspect-56"></div><noscript><image width="100" height="56.25" class="imageEl loaded lazyImage smallImage" src="https://i.cbc.ca/1.4268648.1504111798!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_1180/hurricane-harvey.jpg?imwidth=100"></image></noscript></div><span class="leadimage-caption">Most of the economic costs of Hurricane Harvey won&#x27;t be covered by insurance.<!-- --> <!-- -->(Luke Sharrett/Bloomberg)</span></span><div class="commentCount"><div class="viafoura"><a class="commentCount-link" href="#comments-14268493"><span class="vf-counter vf-widget" data-widget="counter" data-path="http://www.cbc.ca/news/business/hurricane-harvey-economic-cost-1.4268493"></span><span> comments</span></a><span class="commentCount-icon"><svg viewBox="0 0 32 32"><path d="M20.95,17H11a1,1,0,0,0,0,2h10a1,1,0,0,0,0-2Zm2-6H9a1,1,0,0,0,0,2h14a1,1,0,0,0,0-2ZM16,0C7.14,0,0,6.26,0,14a12.55,12.55,0,0,0,6,10.9v7.07l7-4.25a18.71,18.71,0,0,0,3,.25c8.82,0,16-6.25,16-14S24.78,0,16,0Zm0,25.95a16.29,16.29,0,0,1-3.37-.37l-4.7,2.82.06-4.63A11.56,11.56,0,0,1,2,14C2,7.36,8.24,2,16,2s14,5.36,14,12-6.26,12-14,12Zm0,0"></path></svg></span></div></div><div class="story"><span><p>The human toll may be incalculable, but the economic cost of Hurricane Harvey has already hit $30 billion US, experts say — although the final bill may be much more than that.</p><p>The storm, which dropped record amounts of rainfall on southeastern Texas last week before gathering strength over the Gulf of Mexico and taking aim at Louisiana today has already wreaked $30-billion US worth of damage in the Houston area, a figure that is likely to rise.</p><ul><li><strong><a href="http://www.cbc.ca/news/business/hurricane-harvey-economic-impact-1.4264874">Hurricane Harvey could hike gas prices in Canada too</a></strong></li></ul><p><a href="http://www.cbc.ca/news/business/harvey-insurance-1.4266601">Most affected homeowners are uninsured</a>, so the insurance cost is likely to remain relatively low. But the cost to public infrastructure and corporate inventories is likely already at twice the $10 billion US insurance bill, analysts at Oxford Economics said Wednesday.</p><p>&quot;Insurance will cover some of the reconstruction costs, but not all,&quot; Oxford said. And &quot;even reconstruction covered by insurance is not a &#x27;free lunch&#x27; since it comes out of insurers&#x27; profits and could lead to higher insurance premiums.&quot;</p><p>Economist Michael Dolega agrees broadly with that assessment, saying in a note on Wednesday that Harvey&#x27;s cost is already on par with other major storms, including Hurricane Andrew in 1992 and <a href="http://www.cbc.ca/news/world/u-s-death-toll-from-hurricane-ike-rises-to-33-1.756856">Hurricane Ike in 2008</a>, but has yet to eclipse in economic terms major storms like <a href="http://www.cbc.ca/news/world/sandy-slams-u-s-east-coast-with-hurricane-force-1.1144751">Sandy</a> and of course <a href="http://www.cbc.ca/news/world/photos/10-years-after-hurricane-katrina-parts-of-new-orleans-struggle-to-rebuild-1.3202882">Katrina</a>.</p><p>That may change, however.</p><p>Weather forecasting company AccuWeather predicted Wednesday that Harvey&#x27;s economic toll is likely to ultimately be up to $160 billion US.</p><div><span><span class="imageMedia image full"><div class="placeholder"><div class="placeholderImage aspect-66" style="padding-bottom:66.61%"></div><noscript><image width="100" height="66.61" class="imageEl storyImage loaded lazyImage smallImage" src="https://i.cbc.ca/1.4268663.1504112095!/fileImage/httpImage/image.jpg_gen/derivatives/original_1180/hurricane-harvey.jpg?imwidth=100"></image></noscript></div><span class="leadimage-caption">Inventories at businesses in the area are most likely to be written off and will have to be replaced, which should jolt the economy down the line.<!-- --> <!-- -->(Luke Sharrett/Bloomberg)</span></span></span></div><p>&quot;This will be the worst natural disaster in American history,&quot; AccuWeather president Joel N. Myers said, adding that the final economic bill could be larger than Sandy and Katrina put together. </p><p>&quot;Parts of Houston, the United States&#x27; fourth largest city will be uninhabitable for weeks and possibly months due to water damage, mould, disease-ridden water and all that will follow,&quot; Myers said, urging banks, insurers and government policymakers to start adjusting their forecasts for the impact of the storm.</p><p>The impact of natural disasters on an economy are often hard to quantify, because they come in two completely different phases. Economic output typically plunges in the immediate aftermath, as the local economy effectively closes up shop.</p><ul><li><strong><a href="http://www.cbc.ca/news/canada/edmonton/fort-mcmurray-wildfire-costs-to-reach-almost-9b-new-report-says-1.3939953">Fort McMurray wildfire economic impact hits $9B</a></strong></li></ul><p>But a little later, the local economy often sees a mini-surge during the rebuilding phase, &quot;which will add to economic activity as homes and businesses are rebuilt and automobiles and other equipment is replaced,&quot; Dolega said.</p><p>In terms of job losses, the storm came too late to be a factor in the August numbers which are set to be released on Friday. But Dolega says past experience suggests we should expect somewhere between 20,000 and 50,000 lost jobs from the storm in September. </p><p>&quot;Much depends on how quickly businesses can reopen and how quickly reconstruction gets underway,&quot; Oxford said.</p></span></div></div><div class="contentFeedback"><div class="journalistStandards bottomSeparator"><a class="journalistLink" href="http://www.cbc.radio-canada.ca/en/reporting-to-canadians/acts-and-policies/programming/journalism/">CBC&#x27;s Journalistic Standards and Practices</a></div><a class="reportIssue" href="javascript:location.href=&quot;//www.cbc.ca/news2/feedback/index_typo.html?Hurricane Harvey cost hits $30B — but may rise to be costliest U.S. storm ever &quot; + new Date().toString();">Report Typo or Error</a><span class="separator">|</span><a class="feedback" href="//cbchelp.cbc.ca/hc/en-us/requests/new">Send Feedback</a></div><div class="relatedlinks sclt-relatedlinks"><h3 class="sectionTitle"><span class="sectionTitleText">Related Stories</span></h3><ul class="relatedList"><div class="relatedStory"><li class="relatedListItem"><a class="relatedLink" href="/news/business/harvey-insurance-1.4266601"> <!-- -->Most Harvey flood victims uninsured, face big bills alone</a></li><li class="relatedListItem"><a class="relatedLink" href="/news/business/housing-bubble-prices-1.4266589"><div class="label $$typeof type props flag"><span class="labelText label-analysis">Analysis</span></div> <!-- -->Hurricane Harvey&#x27;s lesson for Canadian real estate: Don Pittis</a></li></div></ul></div><div class="ad-bigbox-fixed responsive"></div><div class="trending detailTrending"><h3 class="sectionTitle"><span class="sectionTitleText">Popular Now</span></h3><ol class="trendingList sclt-popularnow"><li><a class="detailLink" href="/news">Find more popular stories</a></li></ol></div><div class="comments cbc-vf" id="comments-14268493"><h3 class="sectionTitle"><span class="sectionTitleText"><span><span class="vf-counter vf-widget" data-widget="counter" data-path="http://www.cbc.ca/news/business/hurricane-harvey-economic-cost-1.4268493"></span><span> Comments</span></span></span></h3><p class="commentIntro">To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada&#x27;s online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.</p><p class="commentIntro">By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our <a class="comments" href="http://www.cbc.ca/aboutcbc/discover/submissions.html">Submission Guidelines</a>. Comments are welcome while open. We reserve the right to close comments at any time.</p><div class="viafoura"><div class="vf-comments vf-widget" data-widget="comments" data-path="http://www.cbc.ca/news/business/hurricane-harvey-economic-cost-1.4268493"></div></div></div><div class="moreStories sclt-morenews"><section class="moreStoriesList"><h2 class="sectionTitle"><span class="sectionTitleText">Discover more from CBC</span></h2><a class="detailLink" href="/">More stories from us</a></section></div></div><script type="application/ld+json">{"@context":"http://schema.org/","@type":"WebPage","speakable":{"@type":"SpeakableSpecification","cssSelector":[".detailHeadline",".detailSummary"]}}</script></div></main><div class="ad-outofpage"></div><footer class="globalFooter sclt-footer" role="contentinfo" aria-label="CBC Footer"><div class="footerBody extendedFooter"><div class="footerColumn connect"><h2 class="footerHeading">Connect with CBC</h2><ul class="footerList"><li class="footerItem"><a class="footerLink" href="https://www.facebook.com/cbc/">Facebook</a></li><li class="footerItem"><a class="footerLink" href="https://twitter.com/cbc/">Twitter</a></li><li class="footerItem"><a class="footerLink" href="https://www.youtube.com/user/CBCtv">YouTube</a></li><li class="footerItem"><a class="footerLink" href="https://www.instagram.com/cbc/?hl=en">Instagram</a></li><li class="footerItem"><a class="footerLink" href="https://cbchelp.cbc.ca/hc/en-us/sections/204707807-Apps">Mobile</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/rss/">RSS</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/radio/podcasts/">Podcasts</a></li><li class="footerItem"><a class="footerLink" href="http://subscriptions.cbc.ca/listmanagement/">Newsletters</a></li></ul></div><div class="footerColumn contact"><h2 class="footerHeading">Contact CBC</h2><p>Audience Relations, CBC <br/>P.O. Box 500 Station A <br/>Toronto, ON <br/> Canada, M5W 1E6 </p><p>Toll-free (Canada only): <br/> 1-866-306-4636</p><p>TTY/Teletype writer: <br/> 1-866-220-6045</p><ul class="footerList"><li class="footerItem"><a class="footerLink" href="https://cbchelp.cbc.ca/hc/en-us/requests/new">Contact Us</a></li></ul></div><div class="footerColumn connect" data-test-id="footer-column-service"><h2 class="footerHeading">Services &amp; Info</h2><ul class="footerList"><li class="footerItem"><a class="footerLink" href="http://www.cbc.radio-canada.ca/en">Corporate Info</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/appearances/">Public Appearances</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/sitemap/">Commercial Services</a></li><li class="footerItem"><a class="footerLink" href="https://cbchelp.cbc.ca/hc/en-us/sections/203864688-Using-or-licensing-CBC-content">Reuse &amp; Permission</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/aboutcbc/discover/termsofuse.html">Terms of Use</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/aboutcbc/discover/privacy.html">Privacy Policy</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbcshop.ca/">CBC Shop</a></li><li class="footerItem"><a class="footerLink" href="https://cbchelp.cbc.ca/">FAQ</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.radio-canada.ca/en/explore/jobs/">Jobs</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.radio-canada.ca/en/explore/doing-business-with-us/">Doing Business with Us</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/productionfacilities/">Renting Facilities</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/ip">Independent Producers</a></li><li class="footerItem"><a class="footerLink" href="http://www.ombudsman.cbc.radio-canada.ca/en/">Ombudsman</a></li></ul></div><div class="footerColumn accessibility"><h2 class="footerHeading">Accessibility</h2><div class="footerColumnBody"><p>It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges.</p><p>Closed Captioning and Described Video is available for many CBC-TV shows offered on <a class="footerLink" href="http://watch.cbc.ca/">CBC Watch</a>.</p><ul class="footerList"><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/accessibility/">More about CBC Accessibility</a></li><li class="footerItem"><a class="footerLink" href="http://www.cbc.ca/accessibility/feedback/">Accessibility Feedback</a></li></ul></div></div></div><div class="basicFooter"><ul class="footerBody footerList"><li class="footerColumn extendedLogo"><a class="extendedLogoLink" aria-label="CBC/Radio-Canada" href="http://www.cbc.radio-canada.ca/"><span class="imageMedia image full"><div class="placeholder"><div class="placeholderImage aspect-56"></div><img alt="" src="/a/images/components/logo_cbc-radio-canada.861b0f092e587555a50a30fdd962214b.svg" class="loaded largeImage"/><noscript><image width="100" height="56.25" class="imageEl footerLogo loaded smallImage" src="/a/images/components/logo_cbc-radio-canada.861b0f092e587555a50a30fdd962214b.svg?imwidth=100"></image></noscript></div></span></a></li><li class="footerColumn copyright"><span role="img" aria-label="copyright">©</span>2018 CBC/Radio-Canada. All rights reserved. </li><li class="footerColumn radioCanada"><a class="radioCanada" hrefLang="fr-CA" lang="fr-CA" href="http://ici.radio-canada.ca/"><span>Visitez Radio-Canada.ca</span></a></li></ul></div></footer><div class="persistentPlayer closed"></div></div></div>
                <script src=/a/scripts/vendor.js></script>
                <script src=/a/scripts/app.js></script>
                <script src="//www.cbc.ca/g/stats/js/cbc-stats-bottom.js" defer></script>
                <script async src="//cdn.viafoura.net/vf.js"></script><script>window.vfConfig = {"loginradius_api_key":"3f4beddd-2061-49b0-ae80-6f1f2ed65b37","loginradius_app_name":"cbc-login"}</script>
                <div id="a11yNotification" className="a11y" role="region" aria-live="polite"></div>
            </body>
        </html>
    