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February 23, 2021

Nunavut budget 2021-22 discussed

Nunavut Finance Minister George Hickes tabled the territory's fiscal 2021-22 budget on February 23. The budget contains no new taxes and no tax increases. The minister anticipates an operating deficit of $21.4 million for 2020-21 and projects an operating deficit of $14.3 million for 2021-22.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.


Full text of Tax Alert