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Revenue Options

Today the Department of Finance released a report on the Revenue Options consultation held in Yellowknife on October 7 and 8, 2009.

The two-day meeting gathered delegates representing community and Aboriginal governments, business, environmental and social organizations to discuss economic and fiscal strategies and potential improvements to the NWT tax system. The report also includes the comments and suggestions submitted by members of the general public.

Many of the recommendations from the roundtable align with initiatives that the GNWT is currently pursuing and the ideas received will help guide the GNWT's decisions about its tax and fiscal strategies in support of the vision and goals of the current 16 th Legislative Assembly.

Minister Miltenberger stressed that no immediate changes to the tax system are being proposed. "Proposals for significant change to the NWT tax system need considerable research and analysis and further consultation before they can be considered for implementation," said Minister Miltenberger. This work will be undertaken in the upcoming fiscal year

Revenue Options Consultations

Minister Miltenberger

Last fall, the GNWT consulted residents and businesses on revenue options. Productive roundtable discussion and comments received from the public helped shape the fiscal choices for the 2009-10 Budget. Building on that success, we are committed to again seek input from stakeholders on the appropriate mix of taxes and other revenue-raising options to help ensure that the NWT tax system is competitive, is able to fund essential programs and services, and works to achieve the goals set out by the members of the 16th Legislative Assembly.

Please find below the link to the document titled "Examining the Mix: Options for Changing the NWT Tax System". This paper provides some basic information about options on changing the tax system to better achieve the NWT's economic, social and environmental goals. The ideas received will become part of our longer term work on the fiscal structure of the NWT. Proposals for significant change to our taxation system will require considerable research and analysis as well as further consultation, before any changes can be brought forward and implemented.

Because the options the GNWT takes will affect all NWT residents, having the input of Northerners is important. I encourage you to provide your comments by November 2, 2009 to the contact listed below.

Hon. J. Michael Miltenberger
Minister of Finance


2008 Documents

You can submit your comments on NWT revenue options:

By mail to:
Revenue Options Consultations
Fiscal Policy Division
Department of Finance
PO Box 1320, L5
Yellowknife NT
X1A 2L9
Or by e-mail to:
Revenue_Options@gov.nt.ca