Town of High River gets $50 million to begin paying costs
“High River has been the hardest hit in the recent flooding and we want to make sure the town has the resources necessary to pay for the costs related to this unprecedented disaster,” said Rick Fraser, Associate Minister of Regional Recovery and Reconstruction. "This is cash deposited directly into the Town's bank account so it can cover the costs it is facing."
The funding is the first allotment from a total of $1 billion in emergency funding pledged by the Alberta government to help individuals and communities recover from the worst flooding in the province’s history.
The $50 million is for the Town of High River to address costs being incurred by the municipal government. Funding for other municipalities is being reviewed and will be finalized in the coming days.
Individual residents in High River affected by the flooding will be able to apply for separate disaster recovery funding in the coming weeks. Resident who evacuated are also receiving pre-loaded debit cards today to assist with immediate needs, $1,250 per adult and $500 per child.
Disaster recovery programs provide financial assistance for communities, residents, small businesses and agricultural producers to repair uninsurable property damage and loss. It covers the costs of returning property to the functional condition it was in before a disaster happened.
Our government was elected to keep building Alberta, to live within its means and to fight to open new markets for Alberta’s resources. We will continue to deliver the responsible change Albertans voted for.
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