Government of Nunavut set to release 2015-16 capital budget – Nunatsiaq News
October 20, 2014
MLAs will ponder capital spending, disciplinary motion
The Government of Nunavut will show where its capital spending priorities lie for 2015-2016 when the legislative assembly’s fall sitting gets underway Oct. 21.
Next year’s capital budget estimates will dominate the fall session, which runs until Nov. 6.
The capital portion of the Nunavut government’s annual budget — which covers new buildings, infrastructure and equipment — is usually passed in the fall. That’s to give contractors enough time to bid on tenders and requests for proposals prior to the following year’s sealift marshalling deadlines.
The main portion of the budget, called the “main estimates” is usually introduced in February or March each year, just prior to the end of the fiscal year.
