Premier’s previews budget highlights

Yukon’s business community got a preview of the territorial budget last week. Premier Darrell Pasloski spoke to a room packed with more than 100 people at a Yukon Chamber of Commerce lunch on Friday.

Yukon’s business community got a preview of the territorial budget last week.

Premier Darrell Pasloski spoke to a room packed with more than 100 people at a Yukon Chamber of Commerce lunch on Friday.

He told the crowd that his government’s focus remains squarely on growing the economy.

“It is especially important to me that this growth comes from the private sector,” said Pasloski. “We need a strong private sector if we are to reach our goal of becoming a net contributor to Canada.”

We’re not there yet, Pasloski said in an interview Monday morning.

“We still have a ways to go. We’re still reliant upon a territorial formula financing that comes from the federal government. So there’s more work to be done, but I believe that we’re on the right path.”

He announced a series of initiatives designed to encourage business in the Yukon.

The small business tax rate will be cut from four per cent to three per cent this year, said Pasloski.

And the government will initiate a red tape review to report on administrative burdens on business and suggest targets to reduce them.

Yukon will also review its business incentive program, which subsidizes contractors to the government when they source labour and materials locally.

The government has also committed to spend $710,000 on programs designed to attract Outside investment in the territory.

Yukon will also invest in the infrastructure required to support businesses, said Pasloski.

This year it will spend $2 million towards the planning of a new hydro dam.

The government has also earmarked $600,000 to plan a fibre optic link between Whitehorse and Juneau, Alaska. That would give the Yukon a second telecommunications link to Outside, reducing the risk of outages and encouraging competition.

The government has also committed to subsidize wireless communications infrastructure so that every community has access to the equivalent of 4G cellular service by 2017.

And the premier also committed to investing in tourism. First Nation cultural centres will get $500,000 this year, and $590,000 will go to promoting Yukon as a tourism destination in overseas markets.

“Our focus is on infrastructure to support private sector growth,” said Pasloski to close his speech Friday. “What government builds for Yukoners helps Yukoners build a strong economy. We should all take pride in what we have achieved together to this point, and we can all look forward to even a brighter future.

Pasloski will present the full budget Tuesday to Yukon’s legislative assembly.

Contact Jacqueline Ronson at jronson@yukon-news.com

Just Posted

A high streamflow advisory has been issued for the Nordenskiold and Klondike Rivers on May 11. Photo by Yukon Protective Services
Nordenskiold, Klondike rivers see rising water levels; advisory issued

Following the river-ice breakup, flows have continued to rise on Nordenskiold and Klondike River systems, said a release by the Emergency Measures Organization.

Mike Thomas/Yukon News file
A fox runs across the street at Main Street and Third Avenue.
A new project seeks to learn more about Whitehorse fox populations

A new project to monitor and improve the understanding of urban foxes living in Whitehorse will begin this year

The Fireweed Market in Shipyards Park will open on May 13. Joel Krahn/Yukon News
Whitehorse’s Fireweed Market opens May 13

The Fireweed Market will return with ‘exciting’ new and returning vendors

Ron Rousseau holds a sign saying ‘It’s time for a cultural shift’ during the Yukoners: Raise Your Voice Against Misogyny rally on May 11. (John Tonin/Yukon News)
Protest held to condemn Yukon Party MLAs’ texts

A rally was held outside of legislature to condemn the inappropriate texts messages of Yukon Party MLAs Stacey Hassard and Wade Istchenko.

XX
WYATT’S WORLD

Wyatt’s World for May 12, 2021.… Continue reading

Drilling at Northern Tiger’s 3Ace gold project in 2011. Randi Newton argues that mining in the territory can be reshaped. (Yukon government/file)
Editorial: There’s momentum for mining reform

CPAWS’ Randi Newton argues that the territory’s mining legislations need a substantial overhaul

At its May 10 meeting, Whitehorse city council approved the subdivision for the Kwanlin Dün First Nation’s business park planned in Marwell. (Submitted)
KDFN business park subdivision approved

Will mean more commercial industrial land available in Whitehorse

Main Street in Whitehorse on May 4. Whitehorse city council has passed the first two readings of a bylaw to allow pop-up patios in city parking spaces. Third reading will come forward later in May. (Stephanie Waddell/Yukon News)
Whitehorse council pursuing restaurant patio possibilities

Council passes first two readings for new patio bylaw

Neil Hartling, the Tourism Industry Association of the Yukon president, left, said the new self-isolation guidelines for the Yukon are a ‘ray of hope’ for tourism operators. (Ian Stewart/Yukon News file)
Yukon tourism operators prepared for ‘very poor summer’ even with relaxed border rules

Toursim industry responds to new guidelines allowing fully vaccinated individuals to skip mandatory self-isolation.

A lawsuit has been filed detailing the resignation of a former Yukon government mine engineer. (Joel Krahn/Yukon News file)
A year after resigning, former chief mine engineer sues Yukon government

Paul Christman alleges a hostile work environment and circumvention of his authority led him to quit

Former Liberal MLA Pauline Frost speaks to reporters outside the courthouse on April 19. One of the voters accused of casting an invalid vote has been granted intervenor status in the lawsuit Frost filed last month. (Haley Ritchie/Yukon News)
Voters named in Pauline Frost election lawsuit ask to join court proceedings

The judge granted Christopher Schafer intervenor status

Haley Ritchie/Yukon News file
File photo of the legislative assembly. The previous spring sitting began on March 4 but was interrupted due to the election.
Throne speech kicks off short spring legislature sitting

The government will now need to pass the budget.

Most Read