October 3, 2012 by Canadian Underwriter
The province of New Brunswick has announced flood mitigation plans, including spending up to $8 million on relocation and flood-proofing in the Perth-Andover and Tobique First Nation regions.
Environment and Local Government Minister Bruce Fitch had recently announced interim mitigation measures following flooding in March of this year. Results from a mitigation study released last month had suggested the province could see costs of up to $8 million for the relocation of about 70 homes and flood-proofing efforts, which is now part of the new measures.
According to a government statement, the newly announced plans include:
In the weeks following the flooding, the province paid out about $5 million for almost 200 disaster financial assistance claims, it noted.
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