Yukon Surplus Shrinks as Rent Caps Face Repeal
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Yukon's $4.9M surplus falls short of forecast despite extra revenue
The Yukon government's 2025–26 Public Accounts, released Oct. 28, show a non-consolidated surplus of $4.9 million, which is $77.1 million short of the $82 million forecast in the main estimates. Finance Minister Currie Dixon attributed the gap to accounting adjustments and valuation allowances tied to the Eagle Gold Mine sale, along with rising departmental operating costs. Revenues came in $63.1 million above projections, but the government warned the figures may change as the mine sale and related court cases proceed.
Source: Yukon News Read →
Yukon residents react to plan ending rent caps, restoring no-cause evictions
The governing party plans to end rent caps and restore no-cause evictions, a move that has drawn strong reactions from Yukon residents. Rent caps limit how much landlords can raise rent, while no-cause evictions allow landlords to end a tenancy without giving a specific reason. The change would directly affect renters across the territory.
Source: CBC North Read →
IRC leaders vote to keep Erwin Elias as chair
IRC leaders met and voted to keep Erwin Elias as chair, the organization announced. The decision follows an investigation into undisclosed allegations. The announcement did not provide details of the allegations or the investigation's findings.
Source: CBC North Read →
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