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Catastrophe experts say retreat from flood risk is 'critical option'

Catastrophe experts say retreat from flood risk is 'critical option'

All climate disasters are not created equal and the Institute for Catastrophic Loss Reduction recommends retreat in the face of only one type of threat. "In our opinion, retreat is not an option that is important for most climate hazards in Canada. The hazard where retreat is really important and quite viable and a critical option involves flooding," executive director Paul Kovacs said.