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WHITEHORSE – April numbers from the Yukon Bureau of Statistics (YBS) show for the fifth month in a row, Whitehorse continues to lead Canada’s year-over-year inflation rate. The YBS says the rate for Whitehorse was 5.8 per cent – that is almost 1.5 per cent over the national average. Whitehorse also leads our northern neighbours in Yellowknife and Iqaluit by almost one and two percentage points respectfully.
“The Liberal’s inflation measures clearly are not working,” said Kluane MLA Wade Istchenko. “The Yukon Party continues to hear from far too many Yukoners who are struggling with the rising cost of living. Yukon Party MLAs will not be supporting a government who is failing to adequately help Yukoners by addressing the inflation crisis.”
The Yukon Party Official Opposition has been suggesting a number of measures the Liberal government could take to ease inflation. Starting with suspending the territorial fuel tax on a temporary basis, a number of other actions that can fit into the territory’s budget include:
- Suspending collection of the carbon tax on home heating fuel as per a motion passed in the Legislative Assembly last fall;
- Doubling the amount of the Pioneer Utility Grant;
- Increasing the amount claimed through the Home Owners Grant to a maximum of $1,000 for those eligible seniors and elders until inflation is over;
- Scaling back the insurance tax to pre-2020 levels or scrapping it altogether; and
- Improving permitting to address the firewood supply so market prices adjust downward.