By Jaryn Vecchio

Alberta planning to invest $125M in drought and flood protection program

Mar 4, 2024 | 12:55 PM

The Government of Alberta plans to invest $125 million over the next five years in a new Drought and Flood Protection Program.

It’s designed to help vulnerable municipalities and Indigenous communities develop the long-term infrastructure needed to improve their drought and flood resilience and adapt to severe weather.

This includes improving drainage or water retention ponds, stabilizing riverbanks, and constructing flood barriers.

“Droughts and floods can devastate public infrastructure and private property, disrupt our economy, damage the environment, and put lives at risk,” said Rebecca Schulz, Minister of Environment and Protected Areas.

The program is still not finalized as the Alberta Government still needs to approve its 2024 budget. Additional details such as eligibility requirements, application deadlines, and cost-sharing components, will be released afterwards.

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“Budget 2024 makes strategic investments to promote the sustainable growth of our province. Investments in wildfire preparedness, as well as water management and infrastructure, will help enhance our readiness for natural disasters to protect Albertans’ lives and livelihoods,” added Nate Horner, Minister of Finance and President of the Treasury Board.

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Jaryn.Vecchio@pattisonmedia.com

On X: @princealbertnow