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Canada | Northwest Territories budget 2025-26

|Tax Alerts, Provincial/State & Local ...|Canada
Canada

  • The Northwest Territories budget for 2025/2026 has been tabled.
  • The budget contains no new taxes and no income tax increases.
  • This Alert summarizes the key tax measures.
 

On 6 February 2025, Northwest Territories Finance Minister Caroline Wawzonek tabled the territory's fiscal 2025-26 budget. The budget contains no new taxes and no income tax increases.

The minister anticipates an operating surplus of CA$69m for 2024-25 and projects an operating surplus of CA$170m for 2025-26, as well as operat…

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