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The State Of The Northern Economies

If you ignored the face masks for a moment, you could stroll through any of the larger communities in the North and almost imagine that the COVID-19 pandemic hadn’t really happened. People would give you a wider berth as you passed on the sidewalk, and you might notice a stronger sense of “buy local” among the shoppers in the stores you visit. But people would be out and about. The streets would be busy, much as they were before the pandemic. Almost. Indeed, a superficial scan of the data suggests that the territories are coming through one of their most challenging years in decades beaten, but not broken. Nunavut and the Yukon both recorded positive, albeit weak, GDP growth in 2020 1.8 per cent and 2.9 per cent respectively, according to Conference Board of Canada projections but they were the only two jurisdictions in Canada to do so. The NWT suffered more, seeing economic growth contract 7.6 per cent according to the conference board. But the loss is tempered by expectation

Yukon government implementing First Nations procurement policy

Posted: Mar 05, 2021 6:00 AM CT | Last Updated: March 5 Yukon s Highways and Public Works Minister Richard Mostyn says the new policy creates opportunities for all Yukon businesses, and that he s heard of only a few businesses that oppose it. (Steve Silva/CBC) The Yukon government is implementing a new policy that aims to give First Nations businesses a leg up when it comes to bidding on government contracts. The first phase of the Yukon First Nations Procurement Policy is now in effect.  The policy looks to award 15 per cent of all territorial procurement contracts to Yukon First Nations businesses, and incentivizes subcontracting or partnering with those businesses.

Despite pandemic, Twin Cities housing market set records in 2020

Despite pandemic, Twin Cities housing market set records in 2020 Sales were up 7.7% in 2020 compared to the year before. Author: The housing market in the Twin Cities had a record-breaking year in 2020 despite there being a pandemic that left thousands of people out of work and a weeks-long stay at home order in what s usually the busiest time for the housing market.  In fact, the pandemic aided in the active housing market, the Minneapolis Area Association of Realtors and the St. Paul Area Association of Realtors said in a news release Tuesday. The pandemic forced people to work and learn from home, leading to people wanting more space. 

Workers compensation rebate cheques coming to Yukon employers

Workers compensation rebate cheques coming to Yukon employers Yukon employers will be getting a cheque in the mail soon, from the Yukon Workers Compensation Health and Safety Board. Social Sharing CBC News · Posted: Jan 22, 2021 7:00 AM CT | Last Updated: January 22 The Yukon Workers Compensation Health and Safety Board will be distributing $10 million among Yukon employers this month. We re hoping it will provide financial relief to Yukon employers, said a spokesperson.(Andrew Robulack, Yukon Workers’ Compensation Health and Safety Board)

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