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Province extends deadline for flood recovery programs

Small and medium-sized businesses impacted by the June floods will now have until June 30, 2014 to apply for help under the Alberta Flood Recovery Programs.

In response to the June floods, the Government of Alberta introduced the Hand-up plan; including loan and interest rebate programs to help Alberta’s flood affected small businesses, agricultural producers and not-for-profit organizations to get back on their feet.

“We have heard concerns that small and medium-sized businesses need more time to assess their needs following this disaster. The extended deadline will give these organizations the time to properly determine and apply for the support they need to help their businesses recover.”

- Doug Horner, President of Treasury Board and Minister of Finance

Extending the original deadline from December 31, 2013 until June 30, 2014 will enable businesses to take advantage of these programs once they have a better understanding of their needs and the future business climate in their region.

Organizations are encouraged to contact their financial institutions or the Agriculture Financial Services Corporation (AFSC) to determine their eligibility for these programs. Information is also available online.

Approximately 1,500 small businesses were directly affected by the June floods.

Under the Building Alberta Plan, our government is investing in families and communities, living within our means, and opening new markets for Alberta's resources to ensure we're able to fund the services Albertans told us matter most to them. We will continue to deliver the responsible change Albertans voted for.

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