Disaster-related costs to increase by $1 billion by 2034. PBO says

A helicopter works on the Dryden Creek Wildfire, just north of Squamish, B.C. on Wednesday, June 11, 2025. THE CANADIAN PRESS/ Tijana Martin

OTTAWA - The parliamentary budget officer says federal assistance to help Canadians recover from natural disasters could increase by more than $1 billion over the next 10 years.

The Disaster Financial Assistance Arrangement helps provinces and territories recover from and respond to natural disasters, including floods, wildfires and major storms.

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