DFAA meaning in Governmental ?

Governmental Miscellaneous in Governmental 9 months ago

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What is Disaster Financial Assistance Arrangements mean?

Disaster Financial Assistance Arrangements (DFAA) is a program of the Government of Canada that provides financial assistance to provincial and territorial governments following large-scale natural disasters.

Provinces can apply to the program for assistance when eligible costs exceed one dollar per capita, at which point the federal government will share 50% of the cost. If the costs exceed $3 per capita this rises to 75%, and when costs reach $5 per capita, the federal government is required to pay 90 per cent of the costs.

Since its inception in 1970, a 2011–12 report stated that the program had paid out $2 billion in post-disaster assistance. Following the 2013 Alberta floods, $2 billion was earmarked for the province and the government sought a $689-million increase in funding for the program from parliament.

The program has come under criticism for favouring some provinces over others, and for not including public health emergencies in its remit.

Events that have received funding include 1996 Saguenay Flood, 1997 Red River flood, 2010 Hurricane Igor in Newfoundland and the 2011 Assiniboine River Flood.

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Posted on 08 Dec 2024, this text provides information on Governmental related to Miscellaneous in Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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