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Yukon Budget Includes Record $81.8M Deficit

The $2.46 billion budget includes $100 million contingency fund and plans for hospital expansion, with debt rising to $804 million and a surplus forecast for 2028-29.

  • On March 19, 2026, Yukon Premier Currie Dixon presented a $2.46-billion budget with an $81.8-million deficit, the largest in the territory's history.
  • Dixon said his Yukon Party government inherited 'unsustainable spending for years' from the former Liberal government and that payments for the confidence-and-supply agreement with the New Democrats reduced the next generation of Yukoners' ability to fund infrastructure.
  • Dixon directed departments to find efficiencies, allocating more than $4 million for Whitehorse General Hospital planning, over $804 million for teachers, and $25.4 million for affordable housing, plus a $100-million contingency fund.
  • Dixon formally asked Ottawa to raise the territory's $1.2-billion debt limit, with the budget forecasting a return to surplus in the fiscal year 2028-29.
  • The budget projects $804 million net financial debt and Dixon said priorities include improving timely access to health-care services and protecting the electricity grid.
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31 Articles

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The territory is approaching its borrowing ceiling, says Prime Minister Currie Dixon.

·Montreal, Canada
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The Lethbridge HeraldThe Lethbridge Herald
+23 Reposted by 23 other sources
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'Maxed out': Yukon budget includes record $81.8M deficit

WHITEHORSE — Yukon Premier Currie Dixon hopes the budget he tabled Thursday is the worst the territory ever sees, as he warned of "tough decisions" needed

Rocky Mountain OutlookRocky Mountain Outlook
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Loonie PoliticsLoonie Politics
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Rocky Mountain Outlook broke the news in on Thursday, March 19, 2026.
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