Thank you, Mr. Speaker. Mr. Speaker, last year my constituents were going through this as well as Little Buffalo and Fort Good Hope. So I just need to make sure people are aware there are multiple steps. Many of them are occurring at the same time. You know, the GNWT needs to see the results of the detailed damage assessments to better understand the nature and extent of the flood damage. Some houses are impacted more than others and same with businesses. Many people have already started their cleanup and repair work, and they've been in touch with their insurance providers.
And again, we encourage people to start the process as soon as they can. What I also need to really stress is that when people are doing it, take pictures, record the -- make sure they have the receipts and then as well record the time that they're working themselves are on there so we can keep track of that.
As well, once the damage of assessments are provided to people, they can ask for an advancement. So when you give them the assessment, they can -- if they can't afford to do it right away, they can do an advance. So it gets up to -- it's $10,000 but up to 50 percent of the assessment. And so when we say $10,000, if it's more expensive for somebody and they don't have the money, we are able to advance it up to 50 percent there.
Just just like I said, if they're going to start doing the work, please document it. That's the one thing that I learnt from the last flood. Some people didn't start documenting until after. So document, make sure you keep your receipts, and take pictures through the whole process.
When I was in the town of Hay River, that's what I was stressing to people, get to work right away as soon as you can to start dealing with this. Thank you, Mr. Speaker.