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Question 756-20(1): Supporting Northern Businesses Affected by Tariffs

Thank you, Mr. Speaker. Mr. Speaker, small business owners in Range Lake are being hit hard by tariffs. I'm hearing some unfair costs as high as $80,000 that they didn't have to pay before. Some are even leaving their goods in the US to avoid tariffs, hoping for a break if there's yet another arbitrary change of what's going on. So Range Lake businesses need financial support to offset the tariffs. Will the Minister commit funds -- Minister of Industry, Tourism and Investment commit funds to support northern owned and operated businesses as they navigate these changing trade relationships? Thank you.

Speaker: MR. SPEAKER

Thank you, Member from Range Lake. Minister of ITI.

Thank you very much, Mr. Speaker. Mr. Speaker, at Industry, Tourism and Investment, we certainly believe in supporting northern business, and we are very transparent about who we support in the territory. We have multiple different programs across the department, and we publish the contributions to business through our contributions agreements very, very transparently, and certainly happy to look for any form or mechanism that we continue to support business in a greater way in the territory. Thank you.

Thank you. I think the issue is not that we don't support businesses; I know we support businesses. But this is a very specific prop moment challenge. They're meeting -- the Yukon government has set aside $2 million for this. Will the Minister bring forward an appropriation specifically to cushion northern businesses who are paying additional costs due to tariffs? We've seen other jurisdictions do this; it's time we did it as well. Thank you, Mr. Speaker.

Thank you very much, Mr. Speaker. Mr. Speaker, at this point we're certainly working with the business community mostly through our chambers to decipher any increases in costs that we're seeing to northern businesses. We did recently see implications to our diamond industry for multiple reasons, one of which was tariffs. And certainly, Mr. Speaker, always happy to have the conversation, but I could never agree to that on the floor of the House because we have processes where I would need to, of course, have the support of all Cabinet. It's not a one-person decision. Thank you.

Speaker: MR. SPEAKER

Thank you, Minister of ITI. Member from Range Lake.

Okay, thank you. So what can the Minister do if the Minister can't commit to -- because money's what's needed here. That's the support that's being asked for. That's the thing that's hurting bottom line that's going to lead to job losses, businesses closing, all of that. So what can the Minister do to cushion the impact of tariffs? If it's not money -- or how can we get to the point where we spend money -- I'm trying to get to the point we need to help these businesses. That's an extraordinary amount of money, and I'm not hearing any solutions being offered today. Thank you.

Thank you very much, Mr. Speaker. Mr. Speaker, certainly, the GNWT has responded in the area that we have seen direct tariff impacts to business which was to our diamond industry and from there, Mr. Speaker, certainly we'll continue to work with our chambers to find out what data they have in order to show what the impact is to business. Because I need the data to be able to decipher what our response, if it all needs to be from the GNWT, and certainly when we're in Ottawa next week I'll also be sitting with Ministers responsible for internal trade, and we'll be able to have conversations in relation to tariffs and national responses as well. Thank you.

Speaker: MR. SPEAKER

Thank you, Minister of ITI. Oral questions. Member from Yellowknife Centre.