Resource Development Fuels Growth: Yukon’s Outlook to 2045

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Resource Development Fuels Growth: Yukon’s Outlook to 2045

Provincial
Pages:18 pages31 min read

Author: The Conference Board of Canada

$1,295.00

The 20-Year Territorial Outlook provides the economic and fiscal outlook for the Yukon, including output by industry, labour markets, and demographics. The outlook for Yukon is strong thanks to rising mineral production in the coming years. Following estimated economic growth of 7.5 per cent in 2021, the economy of Yukon will expand by 7.6 per cent in 2022. A series of infrastructure projects, as well as new mines will keep the construction industry busy over the next decade. A combination of high mineral prices and government incentives will drive up exploration activity in the coming years.

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The 20-Year Territorial Outlook provides the economic and fiscal outlook for the Yukon, including output by industry, labour markets, and demographics.

Document Highlights

The outlook for Yukon is strong thanks to rising mineral production in the coming years. Following estimated economic growth of 7.5 per cent in 2021, the economy of Yukon will expand by 7.6 per cent in 2022.

A series of infrastructure projects, as well as new mines will keep the construction industry busy over the next decade.

A combination of high mineral prices and government incentives will drive up exploration activity in the coming years.

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