The Fort Murray wildfire has placed much burden for all as the fire ravaged the place, affecting business and trade in the region. Also, the loss of profits and revenues are forecasted to escalate due to the damage the fire has brought.

CBC reports, "The Fort Murray catastrophic wildfire that has destroyed 1,600 homes and buildings in Fort McMurray, Alta., has now consumed more than 10,000 hectares, and is expected to rage out of control into the evening and Alberta Minister of Municipal Affairs Danielle Larivee announced a province-wide state of emergency has been declared, a move that puts the battle against the fire, and the subsequent recovery efforts, in the hands of the government."

During the day, the fire moved east and threatened areas near the airport, southeast of the city. Firefighters fought pitched battles on many fronts and at 6:45 p.m. MT, the Regional Municipality of Wood Buffalo reported that the CanWest Propane building, down the road from the airport, was on fire, reports the same post.

Meanwhile, Chad Morrison, the province's senior manager of wildfire prevention said, "We need to get through the day here, until we get to about seven or eight o'clock at night, and we'll have a better indication of where things stand. If we can get through tonight, I think we'll have a day tomorrow where we might have continued success."

More report from the Washington Post indicated that the Fort Murray Wildfire resulted into an evacuation that was largest on record in Canada.

It is undeniable that the Fort Murray Wildfire has caused much damage in all sectors as it burns its way through. It has also been noted that the Fort Murray Wildfire has now affected the daily business ordeals and trades, and the possible loss of profits and revenues are continuing to rise.