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Yukon, B.C. Agree to Link Grids Through New $2B Power Line
Yukon, B.C. Agree to Link Grids Through New $2B Power Line

Canada Standard

timea day ago

  • Business
  • Canada Standard

Yukon, B.C. Agree to Link Grids Through New $2B Power Line

The Yukon and British Columbia governments have agreed to jointly plan a transmission line connecting their power grids, with project costs in the billions and a timeline of over a decade. A local management consultant says there may be better ways to meet the territory's electricity needs. The Yukon-BC Grid Connect project aims to enable two-way electricity transmission, enhancing energy security and offering "mutual economic prosperity," the premiers of the two governments said in a joint statement. Signed May 23, their Memorandum of Understanding (MOU) "will guide intergovernmental collaboration" through the exploration and planning phases of connecting the two grids. "It's an agreement between both premiers' offices at the political level, just that this is a priority," Yukon Premier Ranj Pillai told Yukon News. The planned 765-kilometre, 200-kilovolt transmission line is expected to cost around $2 billion and will take more than 10 years to complete. It will require close cooperation with Indigenous communities along the route, and will be guided by "advancing reconciliation with affected First Nations, including through Indigenous partnerships and ownership," says the joint statement. Last year, the federal government announced $40 million for a feasibility study of the power line. The study will update one released in 2015, in which consultancy firm Midgard said it "cannot see a plausible scenario, given the assumptions, where Yukon profitably imports electricity." Midgard also questioned the reliability risks the territory would face if it depended on another jurisdiction for its electricity supply. Now, Pillai is pitching the power line as "a nation-building project" that would benefit all of Canada by boosting Arctic and northern sovereignty and security. Proponents also emphasize the environmental benefits, noting that the corridor would facilitate the flow of clean electricity northward. This could reduce reliance on liquefied natural gas (LNG) imports for mining operations in the region, allowing operators to market their resources as lower carbon, writes Yukon News. The MOU doesn't come with any financial commitment. But with the transmission line's price tag roughly equal to the territory's total annual budget, the cost cannot "be put on the back of Yukoners," said Pillai, who called for more funding from Ottawa. In an interview last fall, Yukon Member of Parliament Brendan Hanley said connecting the grids would allow the territory to export surplus energy and diversify its energy sources as the climate becomes more variable. Currently, Yukon is isolated from the North American grid and primarily powered by hydroelectric dams. But rising demand and low reservoir water levels have increased the proportion of energy it sources from fossil fuels. The territory also relies on rented diesel generators to meet peak power demand. With the grid connection years away, opposition leaders have questioned how Yukon will address its immediate energy challenges, Yukon News reported last fall. Economist Keith Halliday writes the massive transmission line is but one possible solution to the territory's energy troubles. Clean energy needs could also be met by building several smaller, "bite-size" projects in the area to add to the territory's own capacity. "Instead of huge surplus intertie capacity in the initial years, you build up generation capacity in small steps as demand for electric vehicles and heat grows," Halliday says. These smaller projects would create long-term employment in the Yukon economy, rather than the powerline construction jobs that would disappear when the project is finished. "Instead of outsourcing power jobs to B.C., you create well-paid engineering and union jobs here," Halliday writes. "Instead of B.C. investors getting the returns, they go to Yukon First Nations development corporations and our private sector." Source: The Energy Mix

Turo to launch in Yukon, unlocking new income opportunities for local car owners
Turo to launch in Yukon, unlocking new income opportunities for local car owners

Cision Canada

time2 days ago

  • Automotive
  • Cision Canada

Turo to launch in Yukon, unlocking new income opportunities for local car owners

Yukon expansion is Turo's first entry into Canadian territories where a thriving tourism industry and demand for transportation options are growing The first 50 vehicles listed on Turo in the Yukon are eligible for a $500 incentive WHITEHORSE,YT, June 2, 2025 /CNW/ - Furthering its mission to put the world's 1.5 billion cars to better use, Turo has expanded its operations into the northern Canadian territories with the launch of its leading peer-to-peer car-sharing marketplace in the Yukon today. Turo, the world's largest car sharing marketplace, will provide Yukon residents and tourists with access to more transportation choices in the region, as well as new income opportunities for local car owners. "Bringing Turo to the Yukon is about more than growing our operations but about fueling new income opportunities for Yukoners," said Bassem El-Rahimy, Vice President, Turo Canada. Considered the gateway to the Yukon, Whitehorse and the Erik Nielsen Whitehorse International Airport have experienced a tourism surge in recent years, resulting in increased demand for flexible transportation options. With limited car rental options in the city, Turo and local hosts can fill that gap and support the community, which benefits from tourism particularly during peak tourist season in the summer and early fall. As part of the expansion into the Yukon, Turo will offer an exclusive $500 incentive for the first 50 vehicles listed. Terms and conditions apply. Local hosts will join the thousands of Canadian hosts across the country who are already earning income on the platform. Turo is a well-established and proven source of income for Canadian hosts, who earn $3,500 on average during the summer months (June to September, based on 2024 figures). Turo is the chosen car-sharing platform for thriving host communities across Canada, from British Columbia to Newfoundland and Labrador. The platform provides versatile earning options for hosts. Some individuals opt to share a single vehicle during periods when it is not in use, offering occasional supplemental income. Whether you drive a sedan, SUV, or truck, your vehicle can help meet demand from travelers while putting extra cash in your pocket. Meanwhile, entrepreneurial hosts manage multiple vehicles, operating as small business owners and significantly increasing revenue streams. Sharing your car is easy with Turo. Hosts can feel secure with the company's protection plans backed by insurance partners at Economical. With $2 million liability insurance coverage and physical damage protection for your vehicle, hosts choose from two plans: Top-tier coverage that takes home 75% of the trip price or a higher-risk option with 85% of the trip price. To learn more about Turo and list your car today, visit Start earning and be among the first to shape Turo's community in the Yukon. About Turo Turo is the world's largest car-sharing marketplace, where you can book the perfect car for wherever you're going from a vibrant community of trusted hosts across the US, UK, Canada, Australia, and France. Flying in from afar or looking for a car down the street, searching for a rugged truck or something smooth and swanky, you can skip the rental car counter and choose from an extraordinary, totally unique selection of nearby vehicles shared by local hosts. Entrepreneurs can take the wheel of their futures by becoming hosts and building car-sharing businesses on Turo, leveraging our established platform to scale their businesses to meet their goals. With an unwavering mission of putting the world's 1.5 billion cars to better use, Turo unlocks the hidden value in idle and underutilized assets, empowering anyone to get in the driver's seat. Find your drive ® — Turo. SOURCE Turo Inc.

Turo to launch in Yukon, unlocking new income opportunities for local car owners
Turo to launch in Yukon, unlocking new income opportunities for local car owners

Yahoo

time2 days ago

  • Automotive
  • Yahoo

Turo to launch in Yukon, unlocking new income opportunities for local car owners

Yukon expansion is Turo's first entry into Canadian territories where a thriving tourism industry and demand for transportation options are growing The first 50 vehicles listed on Turo in the Yukon are eligible for a $500 incentive WHITEHORSE,YT, June 2, 2025 /CNW/ - Furthering its mission to put the world's 1.5 billion cars to better use, Turo has expanded its operations into the northern Canadian territories with the launch of its leading peer-to-peer car-sharing marketplace in the Yukon today. Turo, the world's largest car sharing marketplace, will provide Yukon residents and tourists with access to more transportation choices in the region, as well as new income opportunities for local car owners. "Bringing Turo to the Yukon is about more than growing our operations but about fueling new income opportunities for Yukoners," said Bassem El-Rahimy, Vice President, Turo Canada. Considered the gateway to the Yukon, Whitehorse and the Erik Nielsen Whitehorse International Airport have experienced a tourism surge in recent years, resulting in increased demand for flexible transportation options. With limited car rental options in the city, Turo and local hosts can fill that gap and support the community, which benefits from tourism particularly during peak tourist season in the summer and early fall. Yukon residents encouraged to list their cars early to claim $500 incentive As part of the expansion into the Yukon, Turo will offer an exclusive $500 incentive for the first 50 vehicles listed. Terms and conditions apply. Local hosts will join the thousands of Canadian hosts across the country who are already earning income on the platform. Turo is a well-established and proven source of income for Canadian hosts, who earn $3,500 on average during the summer months (June to September, based on 2024 figures). Turo is the chosen car-sharing platform for thriving host communities across Canada, from British Columbia to Newfoundland and Labrador. The platform provides versatile earning options for hosts. Some individuals opt to share a single vehicle during periods when it is not in use, offering occasional supplemental income. Whether you drive a sedan, SUV, or truck, your vehicle can help meet demand from travelers while putting extra cash in your pocket. Meanwhile, entrepreneurial hosts manage multiple vehicles, operating as small business owners and significantly increasing revenue streams. Sharing your car is easy with Turo. Hosts can feel secure with the company's protection plans backed by insurance partners at Economical. With $2 million liability insurance coverage and physical damage protection for your vehicle, hosts choose from two plans: Top-tier coverage that takes home 75% of the trip price or a higher-risk option with 85% of the trip price. To learn more about Turo and list your car today, visit Start earning and be among the first to shape Turo's community in the Yukon. About TuroTuro is the world's largest car-sharing marketplace, where you can book the perfect car for wherever you're going from a vibrant community of trusted hosts across the US, UK, Canada, Australia, and France. Flying in from afar or looking for a car down the street, searching for a rugged truck or something smooth and swanky, you can skip the rental car counter and choose from an extraordinary, totally unique selection of nearby vehicles shared by local hosts. Entrepreneurs can take the wheel of their futures by becoming hosts and building car-sharing businesses on Turo, leveraging our established platform to scale their businesses to meet their goals. With an unwavering mission of putting the world's 1.5 billion cars to better use, Turo unlocks the hidden value in idle and underutilized assets, empowering anyone to get in the driver's seat. Find your drive® — Turo. SOURCE Turo Inc. View original content to download multimedia: Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten

Flood risk in Yukon's Klondike region 'above average' this year
Flood risk in Yukon's Klondike region 'above average' this year

CBC

time13-05-2025

  • Climate
  • CBC

Flood risk in Yukon's Klondike region 'above average' this year

People in Dawson City, Yukon, and other residents in the lower Yukon River basin should prepare for possible flooding this year, as above-average snowpack in the region melts. Snowpack is one factor that contributes to high flows, water levels and flooding during the spring breakup and freshet period. In a news release Monday, the Government of Yukon said the latest snow survey data shows the snowpack in the Klondike region is "well above average," at 177 per cent of the lower Yukon River basin's historical median for May 1. That means above-average flood potential for communities in the area. The Carmacks area and the Porcupine River basin are also above average for snowpack this year, but the release notes those areas can expect average volumes of freshet runoff. Snowpack in the Peel River basin, in the northeast region of the territory, has around average snowpack, while the Upper Yukon and Pelly basins — the Southern Lakes and Whitehorse area — are below average. The territorial government says that it continues to coordinate with local governments and agencies to prepare for any potential flooding, ensure Yukoners are informed about flood risk and stay equipped to respond.

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