The Yukon Party is sharpening its teeth on the Liberal government when it comes to taxpayer protection.
On Dec. 21, the Yukon Party, as the official Opposition, introduced a bill to strengthen the Taxpayer Protection Act by what it calls “increasing transparency and improving government’s accountability to the legislature when it comes to borrowing money.”
For most of the fall session, party members were hectoring the government on its decision to increase the territorial government’s debt limit to $800 million last spring.
“In June, without any public consultation or democratic oversight, the territory’s debt limit was doubled to $800 million. According to the Yukon 2019/20 Public Accounts, the current long-term debt is now $228.4 million,” a statement from the party suggested.