Government bails out northern college

Yukon government to give more than $6 million over five years to cover Yukon College's pension shortfall
||Last Updated: 04/26/2006

Yukon College is getting more than $6 million from the territorial government to help with its pension shortfall.

"We are making this significant contribution to Yukon College because we want to support the important work that they do in providing Yukoners with post-secondary education opportunities," said Yukon Premier Dennis Fentie.

The Yukon government will give the college $1,251,600 per year, for the next five years, starting this month.