The Nova Scotia government says they are prepared to buy 18 of the homes most affected by the Thanksgiving Day floods.
The government says they will be providing compensation information to homeowners this week, who can then make a decision whether to repair their homes or sell them to the province.
“We will start meeting with these residents to share the information they need to make important decisions about the future of their homes,” said Zach Churchill, minister in charge of the Emergency Management Office (EMO), in a release.
WATCH: Cape Bretoners frustrated with insurance companies as flood cleanup continues
The province says any homes it purchases will be demolished.
Seventeen people were rescued from homes and cars during the severe weather event in October. Following the storm, 40 streets were closed and 33,000 customers were without power across the municipality.
READ MORE: Cape Bretoners assess flood damage unleashed in wake of devastating storm
A helpline set up to assist homeowners following the devastating floods received 2,700 calls and identified a total of 4,200 people and 1,800 pets affected by the flood.
The province says homeowners who had to leave their homes because of damage will continue to receive financial support for accommodations until their claims are complete and they are resettled.
To date, the EMO has received 670 applications for Disaster Financial Assistance.
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