That's a great question. When we started our devolution transfers, the intention was to give us the ability to make decisions for ourselves and to create more industry by having local solutions to local problems. We need to have a little more self-reliance there. We're no more or less dependent now than we were at the beginning of the federal transfers.
How do we get own-source revenue is the question, really, because that's the crux of the conversation. If we can create an economy, then we have more opportunity to tax. How do we do that? We're competing right now with a lot of the provinces when it comes to tendering contracts. Our goal is to make sure that these companies come to Yukon and live in our communities. A lot of companies do that right now in Whitehorse, so we're seeing success stories in there, but we want to diversify and make this more of a community-by-community aspect. When companies come up and see the amazing beauty of the area and see how rich we are in resources, but also in our human resources, we need to better incentivize these companies to actually grow roots in our communities. We need to have better lots available. We need to work with the private sector to make sure that our housing prices are competitive to give that incentive to companies to come and do business in Yukon. We need to make sure that our corporate tax base is at a comparable rate to other jurisdictions, as well as our small tax rate.
The whole key is growing our private sector. As a government that, basically, has taken the devolution control from Ottawa and has taken it into Yukon, our job now is to diversify that responsibility, and to diversify and make sure that our private sector thrives and that we create not monopolies, but healthy, competitive communities in all the areas.
We have had relative success in Whitehorse, and now we're turning to the communities. Part of that success is working with the first nations that have the modern land use treaties. There are chapters dedicated to the umbrella final agreement that the self-governing arrangements are based upon that allows us to be very creative in finding ways to keep our economies whole.