Updated flood plain maps will send the housing market underwater: Neil Macdonald - News Summed Up

Updated flood plain maps will send the housing market underwater: Neil Macdonald


Flood plain maps in Canada are about 25 years out of date. Next year, the federal government will begin uploading nearly 2,000 user-friendly flood plain maps, updating them with the most recent geospatial data. Now, before the fever swampers start yelling conspiracy, this push to update flood plain maps is not coming from Liberal climate-change evangelists like Catherine McKenna, Trudeau's environment minister. It will be possible to effectively remediate yourself off those flood plain maps, and protect the value of your home. "Waterbomb" storms, now happening far more frequently, can (and will) turn an entire city into a flood plain instantly.


Source: CBC News May 14, 2019 17:15 UTC



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