The Yukon is looking for business people who will develop the Yukon's business potential and help expand and diversify their economy. The Yukon will be of particular interest to those persons who would like to live in a frontier area and be a part of the future development of the territory.

The Yukon is a majestic and mysterious land with a wealth of investment opportunities. It is one of Canada's best kept secrets. More than 80 per cent of the Yukon is wilderness. The territory is one of the last great frontiers left in the world with an abundance of natural resources and untapped business potential.

With just over 30,000 people, Yukoners are a special kind of people who share a remarkable spirit and a unique connection with the land. Over 20 per cent of Yukon residents are of aboriginal origin and First Nations' culture plays an important part of the political, social, business and government environment.

But enjoying the Yukon's comparative lack of crowds doesn't necessarily mean roughing it. The Yukon has a sophisticated side with a vibrant arts and cultural community. The Yukon boosts an international airport, a college, world-class recreational and art centers, major shopping centers along with a variety of independent retail outlets, modern hospitals, a diverse school system, government and private museums and a rich array of festivals and events. There is something for the whole family.

The Yukon Business Immigrant Nominee Program operates under an agreement with the federal government that allows the Yukon to nominate people who will make a significant economic contribution to the territory for immigration to Canada.

The Yukon is seeking people with a business background and experience that would enhance the production and marketing of goods, services, exports, technology or research in the priority sectors.

Eligibility is restricted to persons that have:

• sufficient proven experience in operating a business to implement the proposed business plan.
• a minimum net worth of $250,000 CDN.
• visited the Yukon at least once within the last three years.
• reasonable communication skills in one of Canada's official languages.

While business investment is welcome in most sectors the priority areas to be targeted include:

• Information Technology
• Manufacturing
• Value Added Processing
• Forestry
• Tourism Products, Attractions, Services and Facilities
• Energy
• Mining/Mineral Development
• Agriculture
• Cultural Industries including film and video production

The minimum equity investment required is $150,000 CDN

The applicant must be involved in the active management of the business. Passive investments where the person is not involved in the management of the business will not be permitted.

Investment in a business that was involved in a purchase or investment by a previous business immigrant within the last five years is not acceptable unless at least 50% of the investment amount is used to expand the business.

Retail, as a stand-alone operation, is not a priority sector and includes such activities as merchandising and food services.

The investment must create new employment opportunities or maintain and enhance existing employment for Yukoners.