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NWT now forecasts a $39 million deficit amid energy and wildfire costs

Government of the Northwest Territories’ 2026-2027 update: GDP to decline, jobs holding up, and a $39 million deficit. Matters to NWT workers and businesses.

IRCNews desk 1 min read

Government of the Northwest Territories’ 2026-2027 update: GDP to decline, jobs holding up, and a $39 million deficit. Matters to NWT workers and businesses.

With NWT advancing infrastructure, energy and critical-minerals projects amid high costs, workers and employers may see project-driven openings. Families, students and newcomers should plan for skills needs and note housing, food and power supports aimed at easing pressures.

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