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Canada | Nunavut budget 2025-26

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

  • Nunavut's 2025-26 budget, tabled on 24 February 2025, contains no new taxes and no income tax increases.
  • The minister project an operating deficit of CA$188m for 2024-25 and an operating deficit of CA$124.1m for 2025-26.
 

On 24 February 2025, Nunavut Finance Minister Lorne Kusugak tabled the territory's fiscal 2025-26 budget. The budget contains no new taxes and no income tax increases.

The minister anticipates an operating deficit of CA$188m for 2024-25 and projects an operating deficit of CA…

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