Mitigatation is the effort to reduce loss of life and property by lessening the impact of disasters. This is achieved through risk analysis, which results in information that provides a foundation for mitigation activities that reduce risk, and flood insurance that protects financial investment.
Our mascot: The Mitigator
Mitigation is valuable to society in these ways:
- It creates safer communities by reducing loss of life and property damage. For example, the rigorous building standards adopted by 20,000 communitites across the country are saving the nation more than $1.1 billion a year in prevented flood damages.
- It allows individuals to minimize post-flood disaster disruptions and recover more rapidly. For example, homes built to NFIP standards incur less damage from floods. And when floods do cause damages. flood insurance protects the homeowner's investment, as in payment following the 2005 hurricanes.
- It lessens the financial impact on individuals, communities, and society as a whole. For example, a recent study by the Multi-hazard Mitigation Council shows that each dollar spent on mitigation saves society an average of four dollars on recovery.
Let's explore some ways Ontario residents and business owners can utilize mitigation efforts.
Mitigation for the home:
Mitigation for the business: