The Yukon Business Relief Program is being extended to provide continued support to Yukon businesses affected by the COVID-19 pandemic.
The Yukon Business Relief Program helps Yukon businesses that have experienced a 30 per cent reduction in revenue and need immediate support to cover fixed costs, including rent, utilities and business insurance. Eligible businesses can apply for a grant of up to $30,000 per month to cover fixed costs. The program has been extended to July 23, 2020.
The Yukon Business Relief Program was developed based a recommendation from the Business Advisory Council.
This is one of several Government of Yukon initiatives to support Yukon’s business sector. Other supports include the Paid Sick Leave Program, the Temporary Support for Events Funding Program, changes to the Yukon Nominee Program and funding for Yukon’s aviation industry.
The Government of Yukon continues to work with industry organizations, the local business community and the Government of Canada to assess economic impacts of COVID-19 and support Yukon businesses and workers.
While we are moving forward with our recovery plan, there are Yukon businesses that continue to need support. This funding will continue to provide much needed relief to businesses being impacted by the pandemic. Our local businesses are the heart of our community and every effort is being made to support them. I encourage all Yukoners to join us in that support and try to shop local whenever possible.
Minister of Economic Development Ranj Pillai
Eligible fixed costs include: commercial rent or lease; water, sewage and waste disposal; electricity and heating fuel; telephone, cable, internet and satellite; software, data services, and subscriptions; business insurance; and pest control.
Yukon businesses can contact the Department of Economic Development to start an application:
- Email: firstname.lastname@example.org
- Phone: 867-456-3803
- Toll-free: 1-800-661-0408, extension 3803
The Yukon Business Relief Program is delivered in coordination with CanNor’s Northern Business Relief Fund and Regional Relief and Recovery Fund. Businesses can complete a single application for the Yukon Business Relief Fund and will be considered for all three programs.
The Yukon Business Relief Program was originally announced on April 9, 2020. As of May 19, 2020, more than $1.6 million in supports for Yukon businesses have been approved.