Hurricane Fiona is very powerful, causing huge economic losses in Canada.

(Reuters)

[Financial Channel/Comprehensive Report] After Hurricane Fiona caused damage on the east coast of Canada on Saturday (25th), the country was undergoing large-scale clean-up work, damage assessment and restoration of power and telecommunications services. The damage is difficult to calculate.

Canadian Prime Minister Justin Trudeau said the Canadian Armed Forces would be deployed to assist with the cleanup, adding that Fiona had caused significant damage and recovery would take a huge effort.

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The hurricane also severely damaged fishing ports along Canada's Atlantic coast, which could damage the country's C$3.2 billion (about 74.9 billion Taiwan dollars) lobster industry.

Government officials said the extent of the damage would not be known until the next few days as the 170km/h storm swept through houses, bridges and roads.

For Hurricane Dorian in 2019, insurance claims for the storm were estimated at C$105 million (approximately NT$2.457 billion).

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