Oakville Floodplain and Flood Risk Proposed Class Action
Will Davidson LLP and John McLaughlin Law have commenced a proposed class action against The Town of Oakville, Halton Region, Conservation Halton, the Province and The Town of Milton.
An Amended Statement of Claim has been issued on behalf of property owners who suffered, suffer, or are at risk of suffering, damage or loss from the effects of upstream development, including increased flood risks, diminished property values, and building restrictions that adversely impact the reasonable use and enjoyment of property.
Click here to view the Amended Amended Statement of Claim dated June 24, 2021.
If you own property – or owned property from June 23, 2018 to the present – in the area of Oakville bordered by Burloak Drive, Lake Ontario, Winston Churchill Boulevard and Dundas Street, and have suffered flooding, building restrictions due to the expanded floodplain or your insurance premiums and/or deductible has increased due to your property being in a floodplain please contact Gary Will at gwill@willdavidson.ca (905-815-5802) or Michael Reid at mreid@willdavidson.ca (905-337-9748). We will email you an intake form, which may also be found here: Floodplain and Flood Risk Class Action Intake Form
Report – The Impact of Catastrophic Flooding on Canada’s Housing Market:
The Intact Centre on Climate Adaptation publish a report on February 15, 2022, which investigates the impact of catastrophic flooding on Canada’ housing market. No shared priority will unite Canadians from coast-to-coast more than protecting their homes, owned or rented, from flooding. As this study quantified for the first time, flooding in Canadian communities compromises the residential real estate market in three material ways: (a) lower average sold price of houses, (b) increase in average number of days on market to sell a house, and (c) reduction in average number of houses listed on market.
“The findings of this report do not surprise me” said Gary Will of Will Davidson LLP. “They underscore the impact on housing prices and the need to actively reduce flood risk through updated flood plain modelling and mapping, and to re-think development, without delay, as flooding affects everyone from planners, home owners to government decision-makers.”
Housing Flood Press Release Intact Centre February 15 2022 Final
Related News Articles:
Oakville Homeowners Sue City Over Flood Risk
$1B class-action claim alleges Oakville property owners at flood risk due to ‘over-development’
Town, region and mayor among those named in $1B class action