The Government of New Brunswick has launched a Disaster Financial Assistance program to help individuals, small businesses, not-for-profit organizations, and municipalities who suffered property damage following the mild temperatures and heavy rainfall that occurred between January 23-24, 2019.
Close to 100 millimetres of rain fell throughout the evening of January 23 and into January 24. The storm caused extensive damage to roads, driveways and property. Recovery costs are estimated at $9.5 million.
“We are pleased to be able to offer financial assistance to property owners who were impacted by the January flooding,” said the Honourable Carl Urquhart, Minister of Public Safety. “Recovering from extreme weather events like this one is never easy, but the Disaster Financial Assistance program is an important step in that direction.”
The Disaster Financial Assistance program provides assistance for eligible damage and losses that threaten the health and safety of individuals, municipalities, and small businesses. The maximum assistance for structural repairs to private residences is $160,000, while the maximum for small businesses and not-for-profit organizations is $500,000.
As with any Disaster Financial Assistance program, the provincial government will request a cost-share program with the federal government. The Disaster Financial Assistance Arrangement is a cost-shared agreement among the federal, provincial and territorial governments to help cover response and recovery expenses following a disaster. The federal government will then reimburse eligible expenditures.
More information about the Disaster Financial Assistance program is available online.
The program is not a replacement for insurance and it will assist in covering only the basic costs of essential items.