South Interlake Emergency Measures Board
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Recently the Disaster Financial Assistance Program criteria for eligiblity and assistance has changed

Recently the Disaster Financial Assistance Program criteria for eligiblity and assistance has changed. These program changes are effective April 1, 2009. They supercede and replace previous eligibility criteria.

  • Definition of a Farm and Small Business
    Farm: an agricultural based business (exclusive of hobby farms) which meets the definition of a Small Business.
    Small Business: is an enterprise with yearly gross revenues as reported for income tax purposes of at least $10,000 but not more than $2 million and employing not more than the equivalent of 20 full-time employees. It also must be other than a "hobby business" and must be an owner-operated enterprise where the individual owner-operator is acting as a day-to-day manager and owns at least 50% of the business.
  • Private claims increase to $200,000
    The maximum eligible costs that can be claimed for private sector claims is $250,000 or the assessed value of the damaged property. This results in the maximum payment being $200,000 ($250,000 - 20% owner's share).
  • Owned equipment rate increase to 65%
    The assistance rate for municipalities or private resident using their own equipment during a disaster has increase to 65 per cent.
  • Maximum eligibility for farmland repairs is limited to land value
    The maximum eligible costs that can be claimed to repair damaged farmland is the pre-disaster value of the damaged land.
  • Province/Municipality sliding cost sharing scale capped at five dollars per capita for municipal expenditures
    The province will adjust the cost-sharing agreement with municipalities and improve it by capping the current cost-sharing sliding scale to five dollars per capita of municipal expenditures. After municipal spending has reached five dollars per capita, the province will assume 100 per cent of the costs.

 
   
 
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