The province says 46 of the 254 people who live in the government-designated floodway zone have agreed to move.
The cost so far to taxpayers under the program is $42 million.
Another 55 people expressed interest in the offer by Saturday's deadline.
An official with Alberta's Flood Recovery Task Force says negotiations with those people will continue in the coming months.
That means 153 people are staying put, which means they won't be eligible for disaster recovery money in the event of future floods.
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