Report card · Fall 2026
Nunavut
Fiscal year 2024-25, the latest year with audited results. The short version first, then every figure behind it, from the government's audited public accounts.
The short version
In 2024-25, Nunavut spent $3.3 billion, about $78,665 for every resident. That was almost exactly what it had planned.
It ended the year with a surplus of $197 million, better than the surplus of $43 million it had planned.
Its independent auditor (Auditor General of Canada) signed off on the accounts without reservation.
The audited results came out 340 days after the year ended.
What it means per person
Nunavut's totals divided by its population of 41,617 on October 1, 2024 (Statistics Canada). This is not a tax bill: every Canadian pays for federal and provincial or territorial government at the same time, and some of this money comes from other governments.
- Spent $78,665 per resident, on services, programs and transfers
- Collected $83,397 per resident, in taxes, transfers and other revenue
- Paid in interest $605 per resident, about 1¢ of every revenue dollar
- Net financial assets $17,830 per resident, financial assets exceed liabilities
Where every dollar went
Of every dollar Nunavut spent in 2024-25, as the government groups its spending.
- 28¢ Health
- 19¢ Community and Government Services
- 12¢ Education
- 11¢ Housing
- 8¢ Finance
- 22¢ Everything else
What went off plan
The areas furthest from their budget, in dollars. Going over isn't automatically bad (an emergency or a program added during the year can be the reason), and coming in under can mean delayed work.
Over budget
- Health +$198 million (27.6%)
- Family Services +$40 million (19.1%)
- Housing +$29 million (8.4%)
Under budget
- Community and Government Services −$112 million (−15.3%)
- Finance −$89 million (−26.1%)
Context from the documents
- Nunavut's latest audited Public Accounts are for 2024-25. Its 2025-26 accounts are still being audited.
Questions worth asking
Based only on the figures above. Put them to your MLA, MP or candidates, or to the finance department.
- Health cost $198 million more than budgeted (27.6% over). What was the reason?
- The audited results took 340 days to come out. What would it take to publish them sooner?
Every figure behind this page, exactly as published, with the page it came from.
We extracted these figures from a PDF: Public Accounts of the Government of Nunavut for the year ended March 31, 2025 (Tabled Document 002-7(1)). They are shown exactly as published, in thousands of dollars, with the page each one came from. Check them against the official document .
The year in figures
Actual results against the budget printed in the same audited statements. Amounts in thousands of dollars. Debt and accumulated balances are shown as positive amounts; the label says which they are.
| Item | Actual | Budget | Difference | Where we found it |
|---|---|---|---|---|
| Total revenue | 3,470,736 | 3,309,558 | +161,178 +4.9% | Actual: Page 24 (PDF 30) Budget: Page 24 (PDF 30) |
| Total expenses | 3,273,806 | 3,266,133 | +7,673 +0.2% | Actual: Page 24 (PDF 30) Budget: Page 24 (PDF 30) |
| Annual surplus (deficit) | +196,930 | +43,425 | +153,505 | Actual: Page 24 (PDF 30) Budget: Page 24 (PDF 30) |
| Net financial assets | 742,031 | — | — | Actual: Page 23 (PDF 29) |
| Accumulated surplus | 3,896,131 | — | — | Actual: Page 23 (PDF 29) and 24 (PDF 30) |
| Interest expense | 25,177 | — | — | Actual: Page 39 (PDF 45) |
Spending by area
Expenses by sector or function, as the government groups them, in thousands of dollars. The thin line marks the budget.
Audit and release
- Auditor
- Auditor General of Canada
- Opinion
- Unmodified (clean)
- Audited results released
- March 6, 2026
- Days after year end
- 340
Source documents
We link to the official documents rather than republishing them. We kept a copy of each, as downloaded, so these figures can be re-checked even if a link changes.
Right of reply
No response from Nunavut has been published yet.
Nunavut can respond to this section. We confirm every response by phone before publishing it, then publish it here in full, unedited. If you find an error, tell us through the contact form on our About page. Corrections are noted on the page; figures are never changed silently.
Figures collected and checked November 6, 2026.
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