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Tuesday, December 5, 2017 - 10:21

Discussion D - Successfully Implementing YG’s 4 Priorities

Priority 1 Our people-centred approach to wellness helps Yukoners thrive.


Consideration Why do this?

Undertake comprehensive review of the healthcare sector

This review would provide a complete understanding of the factors driving healthcare costs and the quality of outcomes being delivered to Yukoners in the current system. Additionally, this would serve as a basis for future improvements.

Support innovations in healthcare delivery

This consideration aligns with the intention of increasing public sector efficiencies. As a significant portion of the budget is allocated to healthcare, this is an important area to focus on. Examples of such innovation could include development of mobile labs or clinics supporting around the clock diagnostic work or creation of electronic medical records.

Consider “co-pay” arrangements in healthcare

Co-pay refers to implementing income-related cost sharing of healthcare costs. There is an opportunity to examine the potential for low-impact changes to co-pay arrangements in areas like pharmacare (drug costs).

Invest in social spending

There is evidence that incremental investments in housing and other aspects of social spending have a much bigger impact on health outcomes than a marginal dollar spent on health care facilities and personnel. This consideration suggests reallocating tax dollars from traditional health spending (facilitates & personal) to social spending (housing or other key indicators of health & wellness).

Focus on supporting adult functional literacy challenges

The Education Department could assess the outcomes from current approaches to dealing with adult literacy challenges and consider program design changes to improve those outcomes.

Priority 2 Our strategic investments build healthy, vibrant, sustainable communities.


Consideration Why do this?

Use proposed savings fund as source for social infrastructure

Budget surpluses would be stored in this specific fund and could be allocated to support the development of social infrastructure such as spending on community facilities and meetings halls and therefore not compete with economic infrastructure revenue sources.

Introduce working income tax credit

If Yukon government was to proceed with implementing a carbon and/or consumption tax, the revenue could be recycled in several ways. Specifically, Yukon government could implement a working income tax credit instead of a cost-of-living credit as this supports more equitable distribution of benefits.

Priority 3 Our strong government-to-government relationships with First Nations foster reconciliation.


Consideration Why do this?

Assess the educational outcomes for aboriginal students

For economic and social reasons as well for the advancement of reconciliation, it is critical to assess the educational outcomes for aboriginal students and to craft, with the First Nations communities and the federal government, ways to improve those outcomes.

Consider joint ventures, including public-private partnerships, with First Nations governments

For future infrastructure projects, the Government of Yukon could consider joint ventures, including public-private partnerships with First Nations governments. With potential funding from the federal government’s PPP Canada Fund, the cost to the Yukon taxpayers can be lowered for desirable projects.

Priority 4 Our diverse, growing economy provides good jobs for Yukoners in an environmentally responsible way.


Consideration Why do this?

Reduction in business taxes

The reduction of business taxes directly impacts economic growth by encouraging capital investment and improving income distribution by moderating the burden on workers’ compensation.

Consider use of public-private partnerships [P3]

Consider the use of public-private partnerships [P3] using the federal government is a potential funding partner in such joint ventures with the private sector through PPP Canada and/or the new Canada Infrastructure Bank [CIB].

Evaluate business support programs against outcomes

Consider evaluating the cost of business support programs to the revenues generated from business income taxes to determine their effectiveness or need for improvement.
What do you think?
  • What pros, opportunities and benefits are associated with these options?
  • What cons, challenges and limitations are associated with these options?
Richard
Department of Finance

Comments

egras
Tuesday, December 5, 2017 - 14:46
I believe public Health Care is a sacred trust . Any Co-Pay arrangements would likely become an insidious slope and the burden would eventually lead to a bigger and bigger strain on the users who can pay and these people would eventually subsidise the large cohort of users who could not pay. Any one or group that uses the fear mongering that; a user pay system would save lives ,is probably going to make a huge amount of money from this change . Look at some of the European models of public health care that work , and you will probably find that the Government has restricted the amount of money companies are charging their citizens for health products , and they are still available at a reasonable cost to the Gov. and reducing a vast expence to the Health Care system. I hate to say it but when it comes to public safety , Regulation works!
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takhininurse
Tuesday, December 5, 2017 - 14:47
Lowering the corporate tax doesn't bring new industry. Raise the corporate tax back to its previous value. Increase the number of territorial income tax brackets. with more brackets in the higher taxable income areas. This will increase Yukon government revenue by making higher income Yukoners paying more. Presently Yukoners in high income brackets pay too little income tax.
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