Tax Alert | Yukon Budget 2022

Premier and Minister of Finance Sandy Silver presented the Yukon’s 2022–23 budget on March 3, 2022. This year’s budget focuses on continuing to support residents during the ongoing COVID-19 pandemic, investing in infrastructure, and facilitating economic growth. 

Consistent with the prior year, the budget includes a $10 million COVID-19 contingency fund and projects a surplus of $39.5 million, which the government attributes to strong economic growth in the territory.

This year’s budget includes no new taxes or tax increases.

More Information

Further information on the Yukon’s 2022 budget may be found on the territory’s website at:
https://yukon.ca/en/budget

If you have questions about any of the tax changes proposed in recent Canadian budgets, please do not hesitate to call the Ryan TaxDirect^® line at 1.800.667.1600.