• Partnerships are key to our success.
  • Yukoners enjoy a very high quality of life.
  • Yukon is open for business.
  • Yukon is home to one of the world’s largest iron ore deposits and one of the world’s largest undeveloped lead-zinc districts.
  • Small and medium-sized enterprises continue to be Yukon’s largest private sector employer.
  • Yukon’s workforce is highly educated, skilled, motivated and productive.
  • Yukon businesses are leading the way.
  • 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.

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.

Privacy StatementSitemapDisclaimer
Yukon Economic Development