Yukon Development Corporation (YDC) is a Territorial Corporation created in 1986 by the Yukon Development Corporation Act. YDC is governed by a Board of Directors appointed by the Yukon government and has a legislative mandate to participate with the private sector in the economic development of Yukon. In particular, the Act mandates the corporation to:
- Develop and promote the development of Yukon resources on an economic and efficient basis;
- Promote employment and business opportunities for territorial residents;
- Assure a continuing and adequate supply of energy in a manner consistent with sustainable development; and
- Implement development policy directives issued to it by the Yukon Cabinet.
Order-in-Council 1993/107 restricted the corporation’s role to energy-related activities designed to promote the economic development of Yukon, and to:
- Assure a continuing and adequate supply of energy in a manner consistent with sustainable development;
- Alleviate the effects of any energy shortage that may occur in the Yukon; and
- Promote the establishment, development and operation within Yukon of industries or undertakings that are by their nature energy-dependent through the provision of cost-effective energy or energy-related infrastructure.
Yukon Development Corporation (YDC) is the sole shareholder of Yukon Energy Corporation.