News and Insights

Northwest Territories Budget 2013

Tax Development Feb 08, 2013

On February 7, 2013, Minister of Finance J. Michael Miltenberger delivered the Northwest Territories budget, which focused on living within their means.

While no new taxes or tax rate increases were announced, the budget does continue the policy of indexing fees to inflation where possible and practical.  In a time of slower revenue growth, the territories will constrain expenditure growth in existing programs and services, while making strategic investments in certain areas needing attention.  During this time, the province will maintain an operating surplus of $113 million.

Additional information on the Northwest Territories Budget 2013-2014 is available on the Ministry of Finance website at:

Northwest Territories Budget 2013