Flood buyouts for 11 Calgary homes cost province $33M, documents show - Action News
Home WebMail Tuesday, November 26, 2024, 12:12 PM | Calgary | -8.3°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Calgary

Flood buyouts for 11 Calgary homes cost province $33M, documents show

Figures obtained by CBC News show the Alberta government paid $84 million to buy out the owners of flood-damaged homes across the province, and 39 per cent of the money was spent on 16 properties in Calgary.

Province bought 11 houses on Roxboro Road, Riverdale Avenue

Realtor Gary Cronin says the province's policy of buying up houses in flood-ravaged areas adjacent to the Elbow River was a costly mistake. (CBC)

Figures obtained by CBC News show the Alberta government paid $84 million to buy out the owners of flood-damaged homes across the province, and39 per cent of the money was spent on 16 properties in Calgary.

Documents recently obtained by CBC Newsfrom Alberta Infrastructure showedthe province had spent $79 million on flood buyouts across the province as of Sept. 12, with 42per cent of the money being spent on 16properties in Calgary.

However, updated numberson Tuesday afternoon show thatnumber had increased to $84 million, which changes the percentage of the money spent on the Calgary homesfrom 42 to 39, as of Oct. 3.

The additional money spent on buyouts since Sept. 12 went to homeowners not living in Calgary.

The government spent $46 million in total to buy 16 Calgary homes.By comparison it paid $17 million for 32 houses in High River.

Roughly$33 million out of$46 million spent in Calgary went to 11 homes on two streets adjacent to the Elbow River Roxboro Road and Riverdale Avenue S.W.

Deadline looming

That number could still grow as the deadline for homeowners who have already applied to decide on taking a government buyoutis Nov. 30.

Janet Mcmahen who lives right beside Roxboro Road, a street thats now a patchwork of empty homes and houses where residents chose to stay says the plan was a mistake.

Calgary house buyouts:

  • 6 houses on Roxboro Road = $16.77 million
  • 5 houses on Riverdale Avenue = $16.28 million
  • 1 house on Rideau Road = $2.45 million
  • 1 house on Sifton Boulevard = $2.23 million
  • 3 houses on 40th Avenue= $8.36 million

I think thats a lot of money. I think thats a lot of money that could have been used differently, she said.

"So we get to just wait and dont really know what's happening, we get to worry about squatters in these houses, we get to wonder about when they're going to come down and the waste."

The province plans to return the lots it purchased to their natural state. Demolition of the empty housesis set to start by early spring.

But realtor Gary Cronin, who lives in the area, doesnt see the point.

"It was a flawed knee-jerk policy, and doesn't really help any of the flooding that could occur again, he said.

The priority should have always been from day oneto do upstream mitigation."