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$124.1m for 2025-26.A brief summary of the key tax measures follows.Business tax measuresCorporate income tax ratesNo changes are proposed to the corporate income tax rates or...