FREDERICTON, Nov. 21, 2013 /CNW/ - Today the City of Fredericton and
Canada's property and casualty insurance industry join forces to target
infrastructure improvements in Canada's municipalities.
Together with Insurance Bureau of Canada (IBC), the City of Fredericton
is launching a pilot project to use MRAT (for municipal risk assessment
tool) to evaluate the city's sewer and stormwater infrastructure. This
made-in-Canada technology is designed to help communities become more
resilient to extreme weather.
Because of Canada's changing weather, communities now cope with more
rain and snow, which can overwhelm already vulnerable infrastructure,
and cause sewers to back up and basements to flood.
MRAT combines information - about infrastructure, climate and insurance
claims - to produce maps that give city engineers a new and revealing
picture of infrastructure vulnerabilities in 2013, in 2020 and in 2050.
MRAT will help municipalities identify vulnerabilities in their sewer
and stormwater infrastructure and prioritize improvements to prevent
sewer backups and keep basements dry. Click http://youtu.be/V9Z6kdMnTbs to see how MRAT works.
This view into the future will help cities identify vulnerabilities,
prioritize repairs and leverage federal infrastructure dollars. The
goal is fewer flooded basements.
"The City of Fredericton is committed to continuing to be a leader and
take advantage of new tools that will help to ensure we have the
necessary facts to aid us in making the right choices when it comes to
infrastructure renewal and investment," said Fredericton Mayor Brad
The Canadian property and casualty insurance industry has also faced
rapidly rising claims costs to repair flooded basements. Insured losses
from natural disasters in 2013 - including the recent Alberta and
Toronto floods - are close to $3 billion, the highest in Canadian
"We want to congratulate Fredericton and its leaders for taking part in
the MRAT pilot," said Amanda Dean, IBC Vice-President, Atlantic. "By
piloting MRAT, Fredericton's civic leaders are betting on Canadian
know-how and taking advantage of this innovative Canadian tool."
The MRAT pilot will roll out in Coquitlam, BC, Hamilton, ON, and
Fredericton, NB, today, followed by several more communities across the
country in 2014.
About the City of Fredericton
The City of Fredericton prides itself on being a smart, sustainable city
offering a world-class business environment and balanced lifestyle with
abundant recreational and cultural amenities. Internationally and
nationally recognized for municipal and community efforts, the city
delivers more than 60 programs and services to residents and visitors
alike, in a planned and financially responsible manner. Together with
its community stakeholders, the City of Fredericton is working to be
the most vibrant small city in North America.
About Insurance Bureau of Canada
Insurance Bureau of Canada is the national industry association
representing Canada's private home, car and business insurers. Its
member companies represent 90% of the property and casualty (P&C)
insurance market in Canada. The P&C insurance industry employs over
118,600 Canadians, pays more than $7 billion in taxes to the federal,
provincial and municipal governments, and has a total premium base of
To view media releases and other information, visit the media section of
IBC's website at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau or like us on Facebook.
SOURCE: Insurance Bureau of Canada
For further information:
or to schedule an interview, contact:
City of Fredericton
Insurance Bureau of Canada
Media Relations Officer
Insurance Bureau of Canada
416-362-2031 ext. 4312