Canada faces increasing extreme weather risks impacting real estate, including floods, ice storms, wildfires, and coastal erosion. Insured losses exceeded $8 billion in 2024, causing insurers to withdraw coverage in high-risk areas, affecting property financing and values. Climate-resilient development now requires integrating adaptive design from site selection to construction, guided by updated risk data and evolving regulations. Investors prioritize climate resilience, creating a market divide between adaptive and legacy properties. Building for long-term climate realities is essential.