Government of Yukon


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FOR RELEASE
October 26, 2015

Public accounts demonstrate strong financial management

WHITEHORSE—The Government of Yukon’s public accounts for 2014/15 once again demonstrate the strong fiscal management of the current government.

“The 2014/15 public accounts clearly show the Yukon government’s ability to deliver on its commitments without mortgaging Yukoners’ futures through excessive debt,” Premier and Finance Minister Darrell Pasloski said. “Once again, we have avoided the deficits seen across this country. Even more importantly, we have managed the economy and expenditures in a way that leaves Yukoners with money in the bank and with no net debt.”

By maintaining no net debt, every dollar of Yukon’s revenue can go directly towards investments in capital projects and services for Yukoners. In almost every other jurisdiction, more than five per cent of revenue goes towards servicing debt, rather than investing in citizens. Some provinces spend more than 10 per cent of revenue on debt servicing.

The public accounts are audited by the auditor general of Canada and have received a clean audit opinion.

Learn more:
View the accounts online

Pick up a printed copy at the Department of Finance, Government of Yukon main administration building, 2071 2nd Avenue, Whitehorse.

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Contact:

Dan Macdonald
Cabinet Communications
867-393-6470
dan.macdonald@gov.yk.ca

Bill Curtis
Communications, Finance
867-667-5276
bill.curtis@gov.yk.ca


News release #15-321