Government of Yukon

05/01/2024 | Press release | Distributed by Public on 05/01/2024 18:08

The Government of Yukon launches Disaster Financial Assistance program

Published 01/05/2024

The Government of Yukon is announcing the 2024-25 Disaster Financial Assistance program aimed at helping Yukoners recover financially from a natural disaster.

The program - a commitment in the Yukon's Our Clean Future strategy - contains three funding streams for households, small businesses and farms. The support will be used for repairing disaster-damaged primary residences and providing financial support for businesses and agricultural landowners with disaster-related property damage or loss.

Funding conditions align with the federal Disaster Financial Assistance Arrangements program, which supports provinces and territories with recovery costs from large disaster events.

The Disaster Financial Assistance program will help Yukoners quickly and effectively receive needed financial supports should they need financial help to recover from a natural disaster.

As the climate changes and our population grows, our emergency preparations need to include how we help those impacted by a disaster. The Disaster Financial Assistance Program offers reassurance to Yukoners by ensuring swift aid during times of need, and by defining expectations regarding available supports.

Minister of Community Services Richard Mostyn

Quick facts

  • The Government of Yukon will determine whether to activate a Yukon Disaster Financial Assistance program after a disaster. Not all disaster events will be eligible. Generally, eligible events will have damages that are widespread, affect a large area or number of residents and are mostly uninsurable.

  • Yukoners may receive financial assistance for eligible damage costs to principal residences, personal possessions, farms or small businesses. This is up to a maximum of $250,000 for homeowners or the property's assessment value, whichever is less; and up to $500,000 for farmers and small business owners for eligible damage costs.

  • Beyond the season ahead, a long-term Yukon Disaster Financial Assistance Program in step with pending changes to Canada's Disaster Financial Assistance Arrangements, will come into effect in 2025.

  • More details of the 2024-25 Disaster Financial Assistance program can be found on Yukon.ca.

Media contact

Laura Seeley
Cabinet Communications
867- 332-7627
[email protected]

Julia Duchesne
Communications, Community Services
867-332-4188
[email protected]

News release #:
24-212