Flood compensation depends on where you live

Asthe Ottawa River slowly begins to recede, flood victims on both sides of the waterway are beginning to assess the damage.

Both Ontario and Quebec are offering financialassistance to people who have lostproperty and belongings, but how much compensation they're able to claim could depend on which side of the river they call home.

If you live inQuebecand your home isdeclared a total loss, the province will reimburse its value up to $159,208, excluding the value of the land. Another $25,000 is available for demolition costs. Movable household items, like furniture and appliances, can be claimed separately.

Contrast that with Ontario, where homeowners can make a claimfor up to $250,000 torepair their property "to a basic standard." But in Ontario,basic household items are also included within this cap.

Another difference is the deductible. In Ontario, claimants to the disaster recovery assistance programmust pay a $500 deductibleunless they are designated aslow-income. In Quebec, the deductible is just $100.

Both programs contain detailed schedules onthe maximum amount they offer to reimburse homeowners for the loss of "essential" items.

Ontario vs. Quebec: Compensation for flood victims