The Yukon government is hoping to pick up where global commodity prices have dropped off.
It will provide up to $23,000 a month to help Raven Recycling, the territory’s recycling centre and society, meet operational costs.
The centre used to be able to cover its expenses by selling recycled materials like milk jugs and plastic containers to processors in southern Canada. Now, there is no market for the products. The government plans to assist the centre for January, February and March of 2009, giving the board time to develop a new business plan for the 2009-2010 fiscal year.
The government will work with the board and the City of Whitehorse towards a long-term solution in the coming months. The city will use the Diversion Credit Fund to provide $3,000 a month to the centre. It will also contribute $22,000 from the Environmental Grant Fund for a new electric forklift that is expected to help reduce monthly costs.
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