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==Economy== [[File:Hopper and Cart (15671202387).jpg|thumb|A conveyor belt and cart outside of a mine tunnel in the Yukon. The economy of the territory has historically been centred around mining.]] The Yukon's major industry is mining (lead, [[zinc]], silver, gold, [[asbestos]] and copper). The federal government acquired the land from the [[Hudson's Bay Company]] in 1870 and split it from the [[Northwest Territories]] in 1898 to fill the need for local government created by the population influx of the gold rush. Thousands of these prospectors moved to the territory, ushering a period of Yukon history recorded by authors such as [[Robert W. Service]] and [[Jack London]]. The memory of this period and the early days of the [[Royal Canadian Mounted Police]], as well as the territory's scenic wonders and outdoor recreation opportunities, makes tourism the second most important industry in the territory. Manufacturing, including furniture, clothing, and handicrafts, follows in importance, along with [[hydroelectricity]]. The traditional industries of [[Animal trapping|trapping]] and fishing have declined. As of 2012, the government sector directly employs approximately 6,300 out of a labour force of 20,800, on a population of 27,500.<ref>{{Cite web |url=https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1010002501&pickMembers%5B0%5D=1.13&pickMembers%5B1%5D=2.1 |title=Archived β Public sector employment, wages and salaries, seasonally unadjusted and adjusted |website=Statistics Canada |date=August 2012 |access-date=September 23, 2019}}</ref><ref>{{Cite web |url=https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1410009001#timeframe |title=Labour force characteristics by province, territory and economic region, annual (x 1,000) |website=Statistics Canada |date=January 28, 2015 |access-date=September 23, 2019}}</ref> On May 1, 2015, the Yukon modified its Business Corporations Act,<ref name="buco">[http://www.gov.yk.ca/legislation/acts/buco_c.pdf gov.yk.ca: "Business Corporations Act"] {{webarchive |url=https://web.archive.org/web/20151016133756/http://www.gov.yk.ca/legislation/acts/buco_c.pdf |date=October 16, 2015}}, May 1, 2015</ref><ref name="oic1">[http://www.gov.yk.ca/legislation/regs/oic2015_006.pdf gov.yk.ca: "O.I.C. 2015/06 Business Corporations Act"] {{webarchive |url=https://web.archive.org/web/20151009192515/http://www.gov.yk.ca/legislation/regs/oic2015_006.pdf |date=October 9, 2015}}, May 1, 2015</ref><ref name="ociname">[http://www.gov.yk.ca/legislation/regs/oic2015_007.pdf gov.yk.ca: "O.I.C. 2015/07 Societies Act"] {{webarchive |url=https://web.archive.org/web/20151009071331/http://www.gov.yk.ca/legislation/regs/oic2015_007.pdf |date=October 9, 2015}}, May 1, 2015</ref> in an effort to attract more benefits and participants to its economy. One amendment to the BCA lets a proxy be given for voting purposes. Another change will allow directors to pursue business opportunities declined by the corporation, a practice off-limits in most other jurisdictions due to the inherent potential for conflicts of interest.<ref name="ytbca">[http://www.cbc.ca/news/business/go-north-not-west-yukon-lures-businesses-with-new-company-rules-1.3057441 cbc.ca: "Go north, not west: Yukon lures businesses with new company rules"], May 1, 2015</ref> One of the changes will allow a corporation to serve as a director of a subsidiary registered in Yukon.<ref name="gm18">[https://www.theglobeandmail.com/report-on-business/yukons-move-to-draw-corporations-worries-shareholders-coalition/article25030368/ theglobeandmail.com: "Yukon's move to draw corporations worries shareholders coalition"], June 18, 2015</ref> The legislation also allows companies to add provisions in their articles of incorporation giving directors blanket approval to sell off all of the company's assets without requiring a shareholder vote.<ref name="gm18" /> If provided for by a unanimous shareholders agreement, a corporation is not required to have directors at all.<ref name="dla">[http://www.deallawwire.com/2015/06/02/changes-of-note-to-the-yukon-business-corporations-act/ deallawwire.com: "Changes of note to the Yukon Business Corporations Act"] {{Webarchive|url=https://web.archive.org/web/20150923213134/http://www.deallawwire.com/2015/06/02/changes-of-note-to-the-yukon-business-corporations-act/ |date=September 23, 2015 }}, June 2, 2015</ref> There is increased flexibility regarding the location of corporate records offices, including the ability to maintain a records office outside of the Yukon so long as it is accessible by electronic means.<ref name="dla" /> ===Tourism=== [[File:Sheep Slot Rapids, Firth River, Ivvavik National Park, YT.jpg|thumb|[[Ivvavik National Park]] is one of three [[National Parks of Canada|national parks]] located in Yukon.]] The Yukon's tourism motto is "Larger than life".<ref>[http://www.travelyukon.com/en/ Travel Yukon] {{webarchive |url=https://web.archive.org/web/20081012232640/http://www.travelyukon.com/en/ |date=October 12, 2008}}</ref> The Yukon's tourism industry relies heavily on Yukon's natural environment, and there are many organized [[outfitter]]s and [[guide]]s available for activities such as [[hunting]], [[Fisherman|angling]], [[canoe]]ing/[[kayak]]ing, [[hiking]], [[skiing]], [[snowboarding]], [[ice climbing]], and [[dog sled]]ding. These activities are offered both in an organized setting or in the [[backcountry skiing|backcountry]], which is accessible by air or [[snowmobile]]. The Yukon's festivals and sporting events include the [[AdΓ€ka Cultural Festival]], [[Yukon International Storytelling Festival]], and the [[Yukon Sourdough Rendezvous]]. The Yukon's latitude enables the view of [[Aurora (astronomy)|aurora borealis]]. The Yukon Government maintains a series of territorial parks,<ref>{{cite web |url=http://environmentyukon.gov.yk.ca/parksconservation/yukonparks.php |title=Territorial Parks |publisher=Environmentyukon.gov.yk.ca |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20080212184643/http://environmentyukon.gov.yk.ca/parksconservation/yukonparks.php |archive-date=February 12, 2008}}</ref> including parks such as [[Herschel Island]] [[Qikiqtaruk Territorial Park]],<ref>{{cite web |url=http://environmentyukon.gov.yk.ca/parksconservation/HerschelIslandQikiqtaruk.php |title=Herschel Island Qikiqtaruk Territorial Park |publisher=Environmentyukon.gov.yk.ca |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20110313111842/http://www.environmentyukon.gov.yk.ca/parksconservation/HerschelIslandQikiqtaruk.php |archive-date=March 13, 2011}}</ref> [[Tombstone Territorial Park]],<ref>{{cite web |url=http://environmentyukon.gov.yk.ca/parksconservation/tombstonepark.php |title=Tombstone Territorial Park |publisher=Environmentyukon.gov.yk.ca |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20110315175203/http://www.environmentyukon.gov.yk.ca/parksconservation/tombstonepark.php |archive-date=March 15, 2011}}</ref> [[Ni'iinlii'njik (Fishing Branch) Territorial Park|Fishing Branch Ni'iinlii'njik Park]],<ref>{{cite web |url=http://environmentyukon.gov.yk.ca/parksconservation/FishingBranch.php |title=Fishing Branch Ni'iinlii'njik Park |publisher=Environmentyukon.gov.yk.ca |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20101218002252/http://www.environmentyukon.gov.yk.ca/parksconservation/FishingBranch.php |archive-date=December 18, 2010}}</ref> and Coal River Springs Territorial Park.<ref>{{cite web |url=http://environmentyukon.gov.yk.ca/parksconservation/CoalRiverSprings.php |title=Coal River Springs Territorial Park |publisher=Environmentyukon.gov.yk.ca |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20120313062919/http://www.env.gov.yk.ca/parksconservation/CoalRiverSprings.php |url-status=dead |archive-date=March 13, 2012}}</ref> [[Parks Canada]], a federal agency of the [[Government of Canada]], also maintains three [[National Parks of Canada|national parks and reserves]] within the territory: [[Kluane National Park and Reserve]], [[Ivvavik National Park]], and [[Vuntut National Park]]. [[File:Whitehorse entrance Yukon Beringia.JPG|thumb|The [[Yukon Beringia Interpretive Centre]] is an [[interpretive centre]] with a focus on the [[Beringia]] land bridge.]] The Yukon is also home to twelve [[List of National Historic Sites of Canada in Yukon|National Historic Sites of Canada]]. The sites are also administered by [[Parks Canada]], with five of the twelve sites being located within national parks. The territory is host to [[List of museums in Yukon|a number of museums]], including the [[Copperbelt Railway & Mining Museum]], the [[SS Klondike|SS ''Klondike'']] boat museum, the [[Yukon Beringia Interpretive Centre]] in Whitehorse; as well as the [[Keno City Mining Museum]] in [[Keno City]]. The territory also holds a number of enterprises that allows tourists to experience pre-colonial and modern cultures of Yukon's First Nations and Inuit.<ref>{{cite web |url=http://www.yfnta.org/ |title=Yukon First Nation Tourist Association |publisher=Yfnta.org |access-date=February 22, 2011 |archive-url=https://web.archive.org/web/20110524095311/http://www.yfnta.org/ |archive-date=May 24, 2011 |url-status=dead }}</ref>
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