I think a lot of the relief money will be coming from the federal government.
And hopefully sooner than later:
http://www.thestar.com/opinion/edito...editorial.html
Personally, I think, given the lack of flood insurance, the governments of all levels should cover most of the expenses. I don't think people should be driven into financial ruin because of a natural disaster. When people are buying homes if a flood is not in recent memory, people forget about that factor. If they weighed that factor and decided to build there anyway, then yeah, I have less sympathy. But if you are a young couple just starting a family and don't remember a flood, you are looking at factors like whether there is a good school nearby, a safe community, affordability, access to work, features of the house, state of the home.... there is no land surveyor that comes and tells the new homebuyer that there is a significant chance of flood. It wasn't something I thought of when I bought my first home. It was only AFTER the neighborhood was flooded that I thanked my lucky stars that I was at the TOP of the hill unlike my poor neighbours at the bottom of the hill that had to throw out EVERYTHING in their basements. It was only by complete and pure LUCK that I happened to buy at the top of the hill.... I hadn't given one thought to the possibility of flooding. So I can certainly sympathize with those that have been devastated by this disaster.