June 2, 2022
Nunavut budget 2022-23 discussed
Nunavut Finance Minister Lorne Kusugak tabled the territory's fiscal 2022-23 budget on May 26. The budget contains no new taxes and no tax increases. The minister anticipates an operating deficit of $31.0 million for 2021-22 and projects an operating surplus of $40.3 million for 2022-23.
A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.
Full text of Tax Alert