April 9, 2015 Page 1 of 15 GOVERNMENT OF YUKON RESPONSE TO THE SELECT COMMITTEE FINAL REPORT REGARDING THE RISKS AND BENEFITS OF HYDRAULIC FRACTURING Introduction The final report of the Select Committee Regarding the Risks and Benefits of Hydraulic Fracturing was released on January 19, 2015 and included 21 recommendations. [...] Yukon government supports the development of a strong and robust oil and gas industry in Yukon and recognizes that the development of these resources could contribute to significant economic growth and diversification of the Yukon economy. [...] The discussion will expand the science-based understanding of the technical, environmental, economic and regulatory aspects of hydraulic fracturing and the oil and gas industry generally. [...] Actions: We will develop an engagement strategy that will provide opportunities for public dialogue and include information to enhance knowledge on the management and regulation of Yukon’s oil and gas industry and improve the understanding of the risks and benefits of this industry. [...] The agreement provides opportunities for residents of communities affected by the oil and gas activity and other Yukon residents to benefit in the areas of employment, training and supply of goods and services related to the activity.