Prime Minister Justin Trudeau announced the federal government is launching a $300 million recovery fund for provinces that were affected by Storm Fiona. He said the purpose of the fund is to support projects for rebuilding and assisting businesses and communities to recover.
In a news conference, Prime Minister Trudeau said “Last week, I got to see firsthand the damage from the storm. It was much worse than images from TV or the internet could show, especially because I got to meet people who were affected”.
“This funding will support projects to repair and rebuild storm-damaged critical infrastructure…and of course, help local businesses and communities rebuild and recover”, Trudeau told reporters in Dartmouth.
He said that the recovery fund will be administered through federal departments such as Atlantic Canada Opportunities Agency and the DEC.
However, the Prime Minister did not say when the funding will be disbursed and how will to apply for it.