Report Archive

Blog Archive : February, 2016

2015-16 Supplementary Estimates (C)

This note presents detailed analysis of the third supplement to the Government’s Main Estimates for the 2015-16 fiscal year.

Estimate of the Average Annual Cost for Disaster Financial Assistance Arrangements due to Weather Events

PBO estimates that the average annual cost to the Disaster Financial Assistance Arrangements (DFAA) due to weather events over the next five years is $902 million. Three-quarters of this cost is due to floods. The average annual cost for the previous five and 10 years had been $850 million $489 respectively. Over the past 10 years, weather events on the Prairies have been responsible for 81% of the DFAA costs.