GREY:VITFF - Post by User
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KenoHillYTon Oct 13, 2024 9:24pm
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Post# 36264883
Keith Halliday nailed it and the spicy is just starting
Keith Halliday nailed it and the spicy is just starting New reveals and new characters, yup. Summary - What were they thinking.
"This week’s big reveal was that not even the Yukon government’s own economic forecasters believe the Yukon government will succeed within the next five years in its goal of returning the Eagle mine to production."
"The next thing for the characters to react to was the size of the economic hit: $1.5 billion. That’s a big headline-grabbing number. But those reading the report found out it was spread over five years. Even so, roughly $300 million per year is still a major hit to the $3.5 billion Yukon economy. At this point Sandy Silver added some comedic relief to the drama. The Yukon News reported that “Silver credited the government for diversifying the economy so it’s not solely reliant on mining.”" :)
Yup the reality is - "This is where the editors would insert the laugh track. What Silver could have said is “we have successfully cashed ever larger transfer payment cheques so that 85 per cent of Yukon government revenue comes from Ottawa.” Or “since our mining growth strategy over the last eight years resulted in only two hard rock mines operating by early 2024, mining remains a relatively small part of the Yukon economy.”
The next episode will be more of the same just better. ;)
https://www.yukon-news.com/opinion/yukonomist-latest-episode-in-the-eagle-gold-mine-drama-gets-spicy-7582921