The Yukon government has appointed Justin Ferbey as the new president of the Yukon Development Corporation.
Ferbey is currently the CEO of the Carcross Tagish Management Corporation. He played a major role in the development of the Carcross Commons retail village in 2013.
Ferbey has also worked as an advisor in a number of First Nation governments in the Yukon and B.C.
“Over the past 10 years I have devoted my efforts to build and strengthen our First Nation self-governments and later with growing our private sector economy,” he wrote in an email to the News. “The opportunity to continue to apply myself in an area I have great passion for - investment towards strategic economic initiatives - while serving the broader Yukon led me to accept this new challenge.”
The Yukon Development Corporation is Yukon Energy’s parent company, and is currently working with Yukon Energy to plan a next generation hydroelectric project that would satisfy the territory’s growing electricity needs.
The corporation has also been tasked with reviewing potential transmission line connections to other jurisdictions.
Ferbey will take on the new position in October, replacing acting president George Ross. He said he will not be continuing in his current role with the Carcross Tagish Management Corporation.