Bill C-241 primarily aims to develop a national strategy for forecasting floods and droughts. This strategy seeks to enhance Canada's ability to anticipate these extreme weather events, which can have devastating impacts on communities and the economy.

Key provisions include collaboration between federal, provincial, and territorial governments, as well as the use of advanced technologies for collecting and analyzing meteorological data. The bill also calls for the establishment of training and awareness programs for local responders.

The bill proposes amendments to existing laws to facilitate data and information sharing across jurisdictions. This includes changes to water resource management and civil protection laws.

Those affected by this bill include provincial and territorial governments, municipalities, water resource management agencies, and communities that may be impacted by floods and droughts.