Grants and Contributions:

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Title:

Forestry Capital Asset Acquisition

Agreement Number:

2122-CN-000161

Agreement Value:

$99,999.00

Agreement Date:

Mar 1, 2022 - Mar 31, 2022

Description:

Purchasing an industrial log splitter and the associated attachments.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

This funding will result in increased business activities and sales. It is anticipated as a result of this project, it will maintain three jobs and create two additional ones. The company will also offer summer student jobs/internships to Indigenous youth.

Location:

WHITEHORSE, Yukon, CA Y1A 2B0

Reference Number:

0780-2021-2022-Qrt4-0000054

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Operating Name:

YUKON TIMBER COMPANY

Recipient's Legal Name:

837946 YUKON INC

Federal Riding Name:

Yukon

Federal Riding Number:

60001

Program:

Inclusive Diversification and Economic Advancement in the North (IDEANorth)

Program Purpose:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.