Canadian Prime Minister: New Investments to Protect Montreal Against Floods and Help Create the Largest Urban Park in Canada - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 22, 2019 Newswires
Share
Share
Post
Email

Canadian Prime Minister: New Investments to Protect Montreal Against Floods and Help Create the Largest Urban Park in Canada

Targeted News Service (Press Releases)

MONTREAL, Quebec, Aug. 21 -- Canadian Prime Minister Justin Trudeau issued the following news release:

Canadians are seeing firsthand the consequences of the climate crisis. Year after year, extreme weather events are becoming more frequent and more severe, threatening our health, safety, and local economies. Having gone through two major floods since the spring of 2017, the people of Greater Montreal have been directly affected by the climate crisis, including the high costs of recovery in the wake of these events.

Prime Minister Justin Trudeau, accompanied by Mayor of Montreal Valerie Plante, today announced new federal funding for a large-scale natural infrastructure project in Pierrefonds-Roxboro. The leaders were also accompanied by the Minister of Infrastructure and Communities, Francois-Philippe Champagne. These investments will help protect this borough and boost its resilience, as it is one of the areas most vulnerable to spring thaws and floods in Montreal.

With federal investments of up to $50 million, the city will be able to protect and enhance several irreplaceable wetlands, in addition to upgrading stormwater outfalls in order to better protect neighbouring communities against spring floods. These upgrades, including pumping stations and valves, will help prevent spring flooding from the Riviere des Prairies in the areas of Chemin de la Rive-Boisee, Boulevard Jacques-Bizard, Boulevard Pierrefonds, and Boulevard Gouin.

The project will also strengthen wetlands to support their ecosystems and improve local flood resilience - helping to create the largest urban park in Canadian history. The park will be the largest urban green space in the country and one of the biggest municipal parks in the world.

The funds will come from the $2 billion Disaster Mitigation and Adaptation Fund, launched in 2017. Through the Fund, the Government of Canada is making sure Canadian communities are better equipped to withstand damage caused by the climate crisis and extreme weather events. These investments help keep Canadians safe, protect local businesses, and support strong local economies.

Quotes

"Communities across the country know that the impacts of extreme weather events don't disappear from one day to the next. In Montreal, people have seen firsthand the damage and uncertainty caused by the 2017 and 2019 floods. That's why our government is stepping up. By investing in the infrastructure our cities need, we are helping Canadians adapt to the effects of the climate crisis, while building stronger, more resilient communities."

The Rt. Hon. Justin Trudeau, Prime Minister of Canada

"This investment is a great example of how planning can help reduce the costs of extreme weather phenomena and help communities get back on their feet sooner. Rebuilding takes time, and over the long term, the process of repairing damaged infrastructure can have a social and economic impact on our communities. We have to act now in order to create a sustainable future for our communities."

The Hon. Francois-Philippe Champagne, Minister of Infrastructure and Communities

"The Ville de Montreal is taking up its responsibilities in the fight against climate change and in the preservation of ecosystems and biodiversity. We are implementing sustainable solutions and welcome the government's willingness to adapt its programs to the needs of municipalities in the context of climate change."

Valerie Plante, Mayor of Montreal

Quick Facts

The Riviere des Prairies and the other rivers of Greater Montreal flow through several municipalities in the region, making the metropolitan area vulnerable to flooding.

The Ville de Montreal plans for the "Grand parc de l'Ouest" to cover 3,000 hectares, of which 1,600 hectares will be new protected areas. This vast park will connect Ile-Bizard to the Parc-nature du Cap-Saint-Jacques, through the Parc-nature de L'Anse-a-l'Orme, the Parc-agricole du Bois-de-la-Roche, and the Morgan Arboretum. It will be eight times the size of Central Park in New York City and fifteen times the size of Mount Royal Park. The project includes organic vegetable farms, walking and cycling trails, and a river shuttle linking Ile-Bizard to Pierrefonds-Ouest.

The Disaster Mitigation and Adaptation Fund is a 10-year program that helps communities build the infrastructure they need to better withstand extreme weather events such as floods, wildfires, earthquakes, and droughts.

The Disaster Mitigation and Adaptation Fund is part of the federal government's Investing in Canada infrastructure plan, which is providing more than $180 billion over 12 years for public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and rural and northern communities.

Of this amount, $26.9 billion supports green infrastructure projects that help communities cope with the intensifying effects of climate change and support Canada's transition to a more resilient, low-carbon economy.

Older

Pilot says plane crash into California ocean was no stunt

Newer

CBO Issues Cost Estimate for State Health Care Premium Reduction Act

Advisor News

  • Geopolitical instability and risk raise fears of Black Swan scenarios
  • Structured Note Investors Recover $1.28M FINRA Award Against Fidelity
  • Market reports turn economic trends into a strategic edge for advisors
  • SEC in ‘active and detailed’ settlement talks with accused scammer Tai Lopez
  • Sketching out the golden years: new book tries to make retirement planning fun
More Advisor News

Annuity News

  • An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
  • Rethinking whether annuities are too late for older retirees
  • Advising clients wanting to retire early: how annuities can bridge the gap
  • F&G joins Voya’s annuity platform
More Annuity News

Health/Employee Benefits News

  • AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries
  • Iowa insurance firms warn bill would make health costs rise
  • Farmers among many facing higher insurance premiums
  • Mark Farrah Associates Analyzed the 2024 Medical Loss Ratio and Rebates Results
  • PID finds violations by Aetna Insurance
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries
  • U-Haul Holding Company Announces Quarterly Cash Dividend
  • Jackson Earns Award for Highest Customer Service in Financial Industry for 14th Consecutive Year
  • Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
  • LIMRA: Individual life insurance new premium sets 2025 sales record
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet