Northwest Territories

NWT Financial Administration Act (RSNWT 1988 c F-4)

Financial Administration Act RSNWT 1988 c F-4 (justice.gov.nt.ca/en/files/legislation/financial-administration/financial-administration.a.pdf, HTTP 200); Audit Act RSNWT 1988 c A-7; Procurement Act SNWT 2015 c 24

Statute text →

Fiscal Transparency: 59/100 (moderate)
59
out of 100
limited
28 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

The Northwest Territories' fiscal transparency framework is governed by the Financial Administration Act (RSNWT 1988 c F-4, justice.gov.nt.ca PDF confirmed HTTP 200), which governs the Consolidated Revenue Fund, public accounts, and financial accountability of territorial government under the constitutional framework of the Northwest Territories Act (RSC 1985 c N-27). The NWT Auditor General function is performed by the federal Office of the Auditor General of Canada under a service arrangement, providing independent financial and performance audit. NWT has NO standalone IFI. The Procurement Act (SNWT 2015 c 24) governs public procurement. Annual capital estimates are published as part of the territorial budget. Salary disclosure for the territorial public service is limited compared to provinces. Fiscal year: April 1 to March 31.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline
Machine-readable budget format
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required
Expenditure reporting frequency annual

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed independent
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure ✓ Yes
Contingent liability disclosure ✓ Yes
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency
Year-end report deadline 180 days after fiscal year
Citizens budget required

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections ✓ Yes
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required No
Salary disclosure scope
Pension benefit disclosure
Overtime reporting

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required
Surplus asset disposal transparency

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