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March 3, 2023
2023-0412

Yukon's budget 2023-24 discussed

On March 2, Yukon Finance Minister Sandy Silver tabled the territory’s fiscal 2023–24 budget. The budget contains no new taxes and no income tax increases. The minister anticipates a surplus of $43.9 million for 2022–23 and projects a surplus of $48.2 million for 2023–24 and surpluses for each of the next two years ($58.8 million for 2024–25 and $45.1 million for 2025–26).

A Tax Alert prepared by EY Canada, and attached below, provides additional details.

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Full text of Tax Alert