Executive summary

On 25 February 2020, Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2020–21 budget. The budget contains no new taxes and no tax increases.

The Minister anticipates an operating budget deficit of CA$70 million¹ for 2019–20 and projects an operating budget surplus of $203 million for 2020–21 and declining surpluses for each of the next three ye…