In the report of the review of the 1991-92 Capital Estimates, the Standing Committee on Finance recommended improvements to the capital planning and allocation process to ensure capital expenditures are efficient, effective, economical and equitable. As an initial step the government commissioned a territorial-wide capital needs assessment to develop a comprehensive inventory of all capital infrastructure, develop a 20 year capital replacement schedule for existing infrastructure, and forecast potential growth requirements for the capital infrastructure. This capital needs assessment is intended to form the data base from which a long-term capital strategy can be developed that would include a plan for dealing with capital infrastructure deficiencies, and providing for replacement and growth needs within available financial resources. The government indicated a long-term capital strategy would be developed to be used in the preparation of 1993-94 Capital Estimates. The standing committee has not been provided with this capital program strategy, and a Five Year Capital Plan has not been put into perspective with the capital needs assessment. It is our understanding that departments have not been provided with this capital program strategy and it is not disclosed in the capital standards and criteria manual. The need for a strategic approach to the capital has been acknowledged but not provided by government. As a result, Cabinet is in no position to assure the Legislative Assembly, at this time, that the capital program has been allocated fairly and equitably. It is currently being operated with due regard to efficiency, economy and effectiveness. If this is not resolved soon, the capital program evaluation slated to take place in February, 1994 will not have basic guidelines against which to evaluate performance. This information should be provided as a preamble to the Capital Estimates.
John Todd on Bill 1: Appropriation Act, No. 1, 1993-94 And Committee Report 1-12(3): Review Of The 1993-94 Capital Estimates
In the Legislative Assembly on November 20th, 1992. See this statement in context.
Bill 1: Appropriation Act, No. 1, 1993-94 And Committee Report 1-12(3): Review Of The 1993-94 Capital Estimates
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
November 19th, 1992
Page 46
John Todd Keewatin Central
See context to find out what was said next.