Nunavut projects fourth deficit budget in a row on slightly increased revenues

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IQALUIT, Nunavut — The Nunavut government is tabling its fourth deficit budget in a row.

Finance Minister George Hickes says the territory will take in more than $2.3 billion this year.

That’s a slight increase, thanks largely to federal funding programs.

However, the document still forecasts an operating deficit of about $30 million.

Hickes says the health department will see the biggest increase.

He says a nearly $40-million increase is needed because Nunavut still spends large amounts of money flying patients to health facilities in the South.

Hickes says Nunavut’s economy is expected to grow 13 per cent this year, largely because of mine activity.

The Canadian Press

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