Archive: February, 2016
Estimate of the Average Annual Cost for Disaster Financial Assistance Arrangements due to Weather Events
25 February 2016
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.
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Reports published before 2016 have been archived and are available in the Report Archive.
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