Only four times in the past decade have provinces turned to the federal treasury for help to move homes — twice in New Brunswick, and once each in Quebec and Yukon. ARTICLE CONTINUES BELOWThe department says it expects to get more requests for financial help to relocate homes as the frequency of extreme flooding increases and wants to know how much provinces and territories have spent on it without federal help. Federal help for disaster relief kicks in once costs surpass what lower levels of government could reasonably be expected to cover on their own. A buyout program for those properties could cost the federal treasury hundreds of millions of dollars based on the limited information available about previous federal disaster help, in addition to what provincial governments put up. That’s where you may focus buyouts,” said Craig Stewart, vice-president of federal affairs with the Insurance Bureau of Canada.

Source: thestar May 16, 2019 11:48 UTC