With at least 55 fatalities, the hurricane was the deadliest in Canada since a hurricane in 1900. The system also ranks as the third deadliest Canadian tropical cyclone of the 20th century, behind only a hurricane in 1927 and the remnants of Hurricane Hazel in 1954. After the storm, "Lunenburg Progress Enterprise" publisher William Duff was one of few people calling for schooners to be supplied with transmission and receiving radio equipment, while there were a few requests for a rescue ship to be stationed at the fishing banks on standby should other ships become distressed. However, little was done to improve mitigation prior to the hurricane in August 1927. In Nova Scotia, the families of the victims of the storm received monetary compensation via the Workplace Safety &amp; Insurance Board. The agency became severely depleted of funds, leading the board to announce a 5% increase in insurance rates for the fishing industry. Captains and vessel owners responded by threatening to go on strike, forcing the board to reverse their decision.