Alberta receives federal financial support for June 2013 floods
The Alberta government has received an advance payment of $500 million from the Government of Canada’s Department of Public Safety and Emergency Preparedness under the Disaster Financial Assistance Arrangements to assist with recovery and rebuilding efforts from the floods of June 2013.
"The delivery of financial assistance from the federal government for the June floods is certainly good news. Insurance claims included, this unprecedented disaster will cost approximately $6 billion to help restore affected areas of the province and reduce the chance of future devastation on this scale. Sharing these costs with our federal partners helps us to continue our flood recovery efforts, support impacted Albertans and make our province a safer place.”
The 2013 Southern Alberta Flood Disaster Recovery Program is eligible for cost sharing under the federal Disaster Financial Assistance Arrangements, with the federal share estimated to be $2.6 billion, which includes $201 million for Alberta’s First Nations.
The province will continue to work closely with Public Safety Canada to maximize future advance payments for the June 2013 flooding.
The Government of Alberta’s Budget 2014 committed $1.1 billion to rebuilding efforts, while remaining fiscally responsible and staying focused on helping individuals and communities affected by the flood.
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.