11 March 2019

Yukon budget 2019-20 discussed

Yukon Finance Minister Sandy Silver tabled the Yukon’s fiscal 2019-20 budget on March 7. The budget contains no new taxes other than the federal cannabis excise tax and the federal carbon levy, both of which had already been announced, and contains no increases to existing taxes. The minister anticipates a deficit of $7.1m for 2018-19, and projects a deficit of $5.9m for 2019-20. Return to a surplus is expected for 2020-21.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2019-0506