Building Canada - Building Yukon

Under the Canada-Yukon Building Canada Plan, Yukon will receive $182.9 million ($26.13 million per year) from Canada over a seven year period ending in 2013-14. Funding will target priority infrastructure projects intended to drive economic growth and productivity, achieve environmental goals, and build strong, sustainable communities.

Of the total funding, at least $16 million will be allocated for community-based public infrastructure initiatives. The Building Canada Plan also provides First Nations and Yukon communities with a $60 million extension to the Gas Tax Fund for the years 2010 through 2014.

The Canada-Yukon Framework Agreement, signed March 17, 2008, and the Canada-Yukon Base Fund Agreement, signed September 2, 2008, require the Yukon Government to develop a long-term Yukon Infrastructure Plan. The plan will identify potential infrastructure gaps and significant infrastructure priorities and needs in the Yukon, including those within First Nation communities, municipalities, and unincorporated communities over the next 10 to 15 years.

The Yukon Infrastructure Plan will be used to identify projects for 2009 through 2014 of the Building Canada Fund. The first two years of funding (2007/08 and 2008/09) will be allocated to priority projects already approved by Canada that are intended to provide immediate economic stimulus for Yukon's economy, drive growth and productivity.

Yukon is also required to submit Annual Capital Plans to Canada outlining the proposed projects to be undertaken in each year of program operation. The maximum federal contribution towards any approved projects is seventy-five percent (75%) with the remaining funds to be covered by Yukon and/or other participants.