Finance

GNWT Revises Procurement Rules for General Goods and Services between $10,000 and $25,000

Effective April 1, 2021, the Government of the Northwest Territories (GNWT) has reduced the threshold for requiring a formal tender process from $25,000 to $10,000 for general goods and services. This change will stay in effect until July 31, 2021.

The Departments of Finance and Industry, Tourism, and Investment (ITI) are implementing this short-term procurement policy change in response to feedback received from business development staff on-the-ground in communities and the NWT business community.

Government of the Northwest Territories Releases 2021-22 Budget

Finance Minister Caroline Wawzonek released the 2021-22 Budget, the second budget of the 19th Legislative Assembly.

Total revenues of $2.192 billion are expected in 2021‑22 and total expenditures of $2.124 billion, which include spending for programs and services and infrastructure contributions. The 2021‑22 surplus is forecasted to be $69 million.

Caroline Wawzonek: Budget Address 2021-2022

Check Against Delivery

 

Mr. Speaker, approximately one year ago, I stood in this Assembly and introduced Budget 2020 as part of a journey. I described it as a foundation from which we could build a positive fiscal path towards long term economic growth and stability. There were already negative economic indicators but I said that we should not describe our circumstances as a crisis. I said that I was cautiously optimistic that achieving our priorities and building from a solid foundation was possible with discipline and planning.

GNWT reports on first year of progress towards territory-wide climate change goals

The Government of the Northwest Territories (GNWT) has released its first progress reports on our territory-wide approach to climate change. 

Strengthening the government’s leadership and authority on climate change, ensuring climate change impacts are specifically considered when making government decisions as well as reducing the cost of power and increasing the use of alternative and renewable energy, are priorities of the Mandate of the Government of the Northwest Territories, 2019-2023.

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