Executive summary
On 4 February 2021, Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2021–22 budget. The budget contains no new taxes and no income tax increases.
The Minister anticipates an operating deficit of CA$31 million1 for 2020–21 and projects an operating surplus of $69 million for 2021–22, $84 million for 2022-23 and declining surpluses for each of the next two years.
The following is a brief summary of the key tax measures.
Detailed discussion
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