Is $200,000 a fair buyout price for a house in a Quebec flood zone?
Is Quebec Premier François Legault’s offer to pay homeowners $200,000 to abandon their flood-prone houses an example of government largesse, or an unjust drop in the bucket for residents whose homes were once worth far more?
The answer is complex, because when it comes to building homes on flood plains, there are several players who may share the blame, including the federal, provincial and municipal governments, the homeowners, and a capricious global weather system.