Government of Canada announces funding for disaster recovery in British Columbia
The Community Futures Development Association of BC will receive $5.5 million to support businesses and nonprofits impacted by natural disasters across the province
REVELSTOKE, BC, September 20, 2022 /CNW/ – Devastating wildfires and floods are causing immeasurable damage in countless communities across British Columbia, with the Fraser Valley, interior and northern regions hardest hit. These communities are suffering from the impact.
In response, the government of Canada is taking steps to strengthen its emergency preparedness and ensure affected residents and businesses have the resources they need to meet climate-related challenges, build resilience and stay safe.
Today, the Honorable Harjit S. Sajjan, Minister for International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced more than $5.5 million in funding through PacifiCan for the Community Futures Development Association of BC (CFBC) to implement a disaster recovery and economic adjustment initiative in British Columbia. This initiative will provide coaching and training services to enterprising businesses and not-for-profit organizations in communities affected by wildfires and flooding. It will also provide support to those affected by plant and mine closures in northern British Columbia, providing them with tools to adapt to the changing economy.
Key elements of the initiative include access to program ambassadors offering expertise in economic recovery and disaster planning, a series of online workshops, customized training for specialist businesses and peer mentoring. .
This funding through PacifiCan will enable CFBC and its network to equip BC organizations in rural and remote communities with the skills and strategies needed to restore operations, mitigate the impacts of future disasters and be competitive in the world market. The disaster recovery initiative is expected to support around 900 small businesses and help maintain 4,500 jobs.
In addition to this initiative, the government of Canada is also developing the country’s first national adaptation strategy. it will help Canada become more prepared and resilient to the impacts of climate change, including natural disasters such as wildfires and floods.
The resources will be available on the CFBC Taking Care of Business website starting in October. Businesses interested in more information about the Disaster Recovery and Economic Adjustment initiative should contact their local Community Futures office.
“Countless British Columbians suffered unimaginable losses last year due to the relentless wildfires and flooding that ravaged our province. The PacifiCan funding announced today ensures that Community Futures British Columbia can equip businesses with the tools they need to recover from recent disasters, build resilience and prepare for long-term climate challenges.”
– The Honorable Harjit S. Sajjan, Minister for International Development and Minister responsible for the Pacific Economic Development Agency of Canada
“Small businesses are the backbone of our local economies. When they are in difficulty, our communities are in difficulty. We are pleased to partner with PacifiCan to provide the support and assistance our small businesses so desperately need to recover from the series of disasters that have affected our communities over the past five years. »
– Wendy McCullochExecutive Director, Community Futures Development Association of BC
- The 2021 wildfire and flood season in British Columbia was the costliest in Canadian history. Repairing flood-damaged infrastructure is expected to cost close to $9 billion. The fires destroyed 90% of the City of Lytonmoving up to 50,000 people and costing $18.4 million to rebuild.
- Since 2017, PacifiCan has provided approximately $2.8 million in non-repayable contributions to the Community Futures Network to support small and medium-sized businesses affected by forest fires, floods and plant closures.
- PacifiCan is the government of from Canada regional development agency dedicated to British Columbia. PacifiCan promotes growth and diversification in from British Columbia the economy by strengthening innovation, improving business competitiveness and promoting inclusive growth.
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SOURCE Pacific Economic Development Canada
For further information: Haley Hodgson, Press Secretary, Office of the Minister of Economic Development, [email protected]; Jillian Glover Communications Manager, Pacific Economic Development Canada, [email protected]