2016-2017 N.W.T. budget address live blog

The first budget of the N.W.T.'s 18th Legislative Assembly was presented Wednesday by Finance Minister Robert C McLeod in an address at 1:30 p.m. MT.

• N.W.T. government reins in spending, projects surplus in 2016/17 budget

Prior to the presentation, the territory's leaderswarned of spending cuts, saying that the N.W.T. must "live within its means," and that they aim to lower spending but raise revenues.

Last week, 58 people who work for the territorial government were warned they may lose their jobs as the government faces a looming fiscal challenge related to declining resource production and a major slowdown in mineral exploration.

CBC North's Guy Quenneville(@gq_in_yk)and Ollie Williams (@OllieNWT) were at the budget speech tweeting live. Check out the blog replay below.

• On mobile? Read the blog replayhere