February 03: Woodland Park Elementary Fire Shuts School; Insurance Watch

February 03: Woodland Park Elementary Fire Shuts School; Insurance Watch

The Woodland Park Elementary fire in Surrey led to a Monday school closure after a weekend storage-room blaze and sprinkler discharge. District crews and contractors are assessing smoke and water damage, with restoration plans forming now. For Canadian investors, the incident flags near term claims exposure for property insurers and rising demand for remediation firms in Metro Vancouver. Budget impacts and procurement steps by the Surrey School District will drive timelines, contract awards, and cash flows as evaluations progress this week.

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