Liberal Capital Budgeting Falls Well Short of ‘Record Setting’

WHITEHORSE – During a public hearing of the Standing Committee on Public Accounts, government officials confirmed that the territorial Liberal government struggles to manage capital projects and left $94 million unspent. The committee heard the territorial Liberals budgeted a total of $437.3 million for capital projects in the 2021-2022 fiscal year. The actual amount spent during the fiscal year was $343.3 million, far below the “record setting” capital budget that was promised.

“Contractors, First Nations, municipalities, and Yukoners plan for the season based on the expenditures outlined in the capital budget each year,” said Highways and Public Works Critic Stacey Hassard. “The past few years we have seen numerous projects that Yukoners are relying on to address critical issues delayed, over budget, or left incomplete due to government delays, cancellations, or a lack of oversight. Yukoners are growing frustrated as this Liberal government fails to deliver on their promises.”

The Yukon Party Official Opposition suggests the government identify seasonally dependent infrastructure projects, and develop a process to award contracts before the building season opens. This will enable the contracting community to enter the spring hiring season knowing some of projects they will have on the go for the upcoming construction season, and keep projects on time and on budget.

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Tim Kucharuk
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