February 16, 2023
Northwest Territories budget 2023-24 discussed
Northwest Territories Finance Minister Caroline Wawzonek tabled the territory's fiscal 2023-24 budget on February 8. The budget contains no new taxes and no income tax increases. The minister anticipates an operating surplus of $40 million for 2022-23 and projects an operating surplus of $178 million for 2023-24.
A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.
Full text of Tax Alert