• Small and medium-sized enterprises continue to be Yukon’s largest private sector employer.
  • Yukon is home to one of the world’s largest iron ore deposits and one of the world’s largest undeveloped lead-zinc districts.
  • Yukoners enjoy a very high quality of life.
  • Yukon has been a site location for a number of feature films including the 20th Century Fox's, "The Big Year" starring Steve Martin, Owen Wilson and Jack Black.
  • Yukon is open for business.
  • Yukon’s workforce is highly educated, skilled, motivated and productive.
  • Yukon businesses are leading the way.
  • Partnerships are key to our success.

Financial Incentives

To encourage development in Yukon, government provides various types of financial incentives. Besides funding specifically allocated for a project, the following financial incentive programs may be accessible by oil and gas development projects:

Strategic Industries Development Fund (SIDF)

The objective of SIDF is to identify and facilitate the development of strategic industries, projects and economic infrastructure. A variety of assistance for eligible SIDF projects is available for strategic projects or activities in the preliminary, development and implementation stages. In particular, there are two types of SIDF projects:

1. Strategic Industry Development Projects - Projects that support industry development as a whole. For example: research that identifies and addresses barriers to industry development or identification and feasibility of needed economic infrastructure.

2. Strategic Business Development Projects - Projects that have the potential to generate significant wealth and contribute to the growth of a strategic industry in Yukon. For example: a business development which results in new products that meet market demand.

More information can be found here, or please call the Business and Industry Development branch at (867) 393-7014.

Fuel Tax Exemption

Tax-exempt fuel is available for authorized off-road commercial purposes. Authorized activities are mining; logging; outfitting; agriculture; trapping; fishing; hunting; tourism; and generation of electricity. An exempt number allows users to buy tax-exempt fuel at any authorized agent. There is no fee for applications. Users may also apply for a refund on taxes already paid on fuel. Applications must list equipment, serial numbers, fuel use breakdown and include all fuel invoices.

Please call (867) 667-5345 for more information.


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