Opta's latest Reconstruction Cost Report is here, offering an overview of current construction cost trends at the national and provincial levels for Canada from September 2023 to September 2024.
This report highlights the effects of several years of inflation and the potential impacts of recent extreme weather, especially on roofing and siding costs in Western Canada. Severe weather made the summer of 2024 Canada's most-destructive season ever for insured losses-a compelling reminder of the need to keep insurance-to-value accurate based on the latest reconstruction costs.
Get insights to help keep ITV aligned in Opta's Q3 Reconstruction Cost Report.