[Resolute 14]

Originally Posted by chemgear

http://business.financialpost.com/20...onomy-in-june/

Preliminary estimates of damages range between $3-billion and $5-billion, BMO analyst Tom MacKinnon said in a note to clients Monday. Losses after insurance could reach $3.75-billion, he said.

To put that in perspective, the estimated cost of the 1998 ice storm in Canada was $5.4 billion.