Major B.C. earthquake could cost Canadian economy $127.5 billion

Metro News quoted David Edgington, a UBC geography professor, for an article about the potentially huge economic cost of a major earthquake in B.C.

Edgington has studied the rebuilding process after major earthquakes in Japan and New Zealand. He said although one earthquake could be devastating, it would not affect Canada’s entire economy.

“I’ve been in Japan, looking at the reconstruction after the 2011 tsunami and the 1995 earthquake in Kobe. The markets thought just one part of the country going under wasn’t the end of the world,” he said.