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Quebec government makes first compensation payment to Lac-Megantic building owners.
MONTREAL – The Quebec government has announced its first payment to business owners affected by the July 2013 train derailment and explosion in Lac-Megantic, which killed 47 people.
Quebec’s municipal affairs minister says compensation totalling $1.8 million will be made to the owners of nine buildings.
The payment will be made to the town and a designated notary who will contact the owners and pass on the financial aid.
The province says other building owners will receive compensation totalling about $8 million between now and Dec. 31.
Additional payments will be made in 2015.
The payouts are part of a $60-million sum for the reconstruction and revival of Lac-Megantic after a runaway train carrying volatile crude oil slammed into the Quebec town and exploded, destroying much of the downtown core.
Of the total amount, $37 million has been set aside to compensate building owners.
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