Mr. Speaker, as the member for Lac-Saint-Louis has quite accurately pointed out, flooding is the most frequent and costly natural disaster in Canada. That is why this week we announced the creation of an interdisciplinary task force on flood insurance and relocation. The task force will examine options to protect homeowners who are at high risk of flooding and examine the viability of a low-cost national flood insurance program. It will also consider options for the potential relocation of residents in areas of the highest risk. Together, we will work to prevent and mitigate the impacts of floods for all Canadians.
In the House of Commons on November 26th, 2020. See this statement in context.