Preliminary cost of Fort McMurray fire estimated at $615 million - Edmonton - CBC News
▻http://www.cbc.ca/news/canada/edmonton/preliminary-cost-of-fort-mcmurray-fire-estimated-at-615-million-1.3640935
The initial cost for the province to fight last month’s massive fire in Fort McMurray was $615 million, Alberta Municipal Affairs Minister Danielle Larivee revealed for the first time on Friday.
It was the first time the province has attached any specific amount to fire fighting and evacuation costs.
The figure does not include the loss of revenue from the break in oil sands production, loss of royalty revenue and the cost of the cleanup. It also doesn’t include the cost of property loss, which is expected to be in the billions.
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