Whitehorse Daily Star

Image title

Photo by Whitehorse Star

Larry Bagnell

Ottawa pours money into economic diversification

The federal government is investing more than $4.3 million in 16 economic development projects in the Yukon.

By Whitehorse Star on April 22, 2019

The federal government is investing more than $4.3 million in 16 economic development projects in the Yukon.

Larry Bagnell, the territory’s Liberal MP, made the announcement last Thursday in Whitehorse.

Economic diversification and growth are key to ensuring a strong and resilient economy in the North, he said.

Bagnell was speaking on behalf of Navdeep Bains, the federal minister of Innovation, Science and Economic Development and the minister responsible for CanNor.

Funding will go toward a range of projects across a variety of economic sectors.

Those include tourism, Indigenous economic development, capacity development, infrastructure, renewable energy and geoscience, as well as targeted support for the development of women entrepreneurs and attracting Canadian francophones to live and work in the North.

The projects are expected to result in the creation of up to 125 jobs in Yukon, Bagnell said.

Through these investments, the federal government is supporting long-term sustainable economic development in the North, he said.

“The diversity of these investments is representative of the Government of Canada’s commitment to support long-term sustainability in the North,” Bagnell said.

“These projects will directly benefit Yukoners by supporting many economic sectors in the territory and contributing to Canada’s economic growth.”

“Our government is laying the foundation for Canadians to become more competitive and succeed in the global economy,” Bains said in a statement.

“Today’s investment in the Yukon economy is building on our competitive advantages by investing in diverse projects that will boost economic growth and create good, middle class jobs for Canadians.”

“A strong, growing economy that provides good jobs for Yukoners in an environmentally responsible way is a priority of the Yukon government,” added Economic Development Minister Ranj Pillai.

“We are pleased to partner with the Government of Canada to make these strategic investments in small businesses, renewable energy, mining and tourism that will advance and diversify our economy, and help improve the lives of all Yukoners.”

Comments (11)

Up 0 Down 0

K.Haliday on Apr 28, 2019 at 7:10 pm

The Yukon has the best seasonally adjusted unemployment rate in all of Canada at 4.1%. I feel that this is a very strong endorsement of this present administration and their policies.

Up 13 Down 4

Josey Wales on Apr 25, 2019 at 2:32 pm

Wow will ya look at that folks, such a bigot I am I get an extra g?
Patti if you review your cultural Marxist handbook, ewe forgot xenophobe, racist, white nationalist, hater, European Invader, gun nut, misogynist and atheist.
Sticks and stones may break my bones, but names will NEVER hurt me.
Does that sound familiar folks? It was a philosophy before breeding the snowflake generation and the hurt feeling police, when a tranny was something in your car. Ahhh the good ol days!
With most folks of faith I have some respect, most folks that is but not the completely hypocritical judgemental intolerant members of the gawd squad.
Respect is earned not given, nor legislated despite the caterwauling from the fringe members of our diverse society.
Hey y’all and yes even ewe Patti , have a nice day enjoy that big yellow Orb hanging in that big blue sky today.

Up 34 Down 3

More vote buying on Apr 25, 2019 at 10:15 am

I believe in a previous report on this that we are giving a development Corp about 1.4 million dollars to design a hotel. If a hotel is not financially feasible to include their design element, then it should not proceed. How exactly is this fair to previous hotel developers who just did it the normal way and paid out of pocket for design. Exactly how many designers will be hired and for how long to do this one project. It’s all just vote buying and so in our face as taxpayers.

Up 6 Down 32

Patti Eyre on Apr 24, 2019 at 4:30 pm

Larry, Justin and Pat, leading the way as always to a brighter future for all (even for biggots likes Josie!) Long live the liberals!

Up 44 Down 6

Juniper Jackson on Apr 24, 2019 at 7:05 am

Where is this money coming from? Trudeau borrowing more money? He had 4 years to put money into Canada and he sent it all to other countries. Canada, Feds and Provinces are 1.4 Trillion dollars in debt. If the Government never borrowed another penny, it would be 2054 until the budget could be balanced. Nearly half of Canadian families are less than 200 dollars away from bankruptcy. We don't see it in our little pond. There is a lot of money in the Yukon with the super high wages, but even then the cost of living here, buying a home is astronomical.. Someone always has to pay the bill, so don't anyone think it's not going to effect us. All Canada took another tax hit, 15% Provincial/territorial and 15% Federal this year, people who never had to pay, now do. Middle class? We're all going to pay about $2,000 more in taxes this year. The Liberals are not doing anyone any favors with this off the cuff wild spending.

Up 27 Down 11

Josey Wales on Apr 23, 2019 at 8:30 pm

Hey Dave...that IS what the LPC does, the Himbos daddy did it well, his alleged spawn the himbo himself tries it, most certainly did not work in P.E.I. yesterday.
The potato province did not want another day of the chips of the little potato not even remotely.
So much so, the Green Party for the first time put the LPC into the curtains of their Legislature....digest that Dave and rejoice.
Punted like a pigskin the Liberals were outta office, through the posts...and outta the field of play.
More blue on our NATIONAL map, awesome!
In our countries arteries historically run blue and red, so fed up and bled out my countrymen are that we are now even turning green...wow.
I predict comes this October there will not be a spore of that entitlement red anywhere on the map.

The recent Orange flush, the Island turning a new spud...and why?
IMO that lays on the himbos lap.
Please take your rage to the polls and help put the little potato into the compost to rot...further.
OJW full stop.

Up 6 Down 43

Brent on Apr 23, 2019 at 6:24 pm

I just can't get over how well the Liberals have the Yukon economy perking along. I don't remember the other guys ever achieving anywhere near this degree of growth.

Up 51 Down 11

Dave on Apr 23, 2019 at 2:05 pm

Must be getting close to election time and the Liberals are worried, they’re trying to bribe us with our own money again.

Up 46 Down 15

My Opinion on Apr 23, 2019 at 1:00 pm

Larry and Trudeau trying to buy votes leading up to the election. $200,000,000.00 for the First Nations in Yukon as all Land Claims expenses that they had to pay for as part of the agreement are being returned. If that isn't Vote buying what is? With our own Tax money. SHAME LARRY.

Up 41 Down 12

As an economic analysis person your millions will be eaten up by 80 administration on Apr 22, 2019 at 9:26 pm

It will not create one permitted job in the Yukon. This is nothing when we had $100's of millions coming in under the conservatives to build the resource sector which Sandy claims he did.

Up 54 Down 7

Really? on Apr 22, 2019 at 7:08 pm

The money should go to assist the current residents of the Yukon; it should not be used to encourage more people to come here to further dilute "northern" resources.

Add your comments or reply via Twitter @whitehorsestar

In order to encourage thoughtful and responsible discussion, website comments will not be visible until a moderator approves them. Please add comments judiciously and refrain from maligning any individual or institution. Read about our user comment and privacy policies.

Your name and email address are required before your comment is posted. Otherwise, your comment will not be posted.