Currently section 91 of the Financial Administration Act requires that each year all territorial corporations among which the Workers' Compensation Board is included, submit their corporate plan and obtain the approval of the Minister. In summary, corporate plans must include the following information:

The purpose for which the territorial corporation is established; the objectives of the territorial corporation for the period covered by the plan; the strategy to be used in meeting objectives; the expected performance of the territorial corporation as compared to its last set of approved objectives; and an evaluation of the efficiency, economy and effectiveness of the territorial corporation.

Subsection 91.(5) provides that "no territorial corporation shall carry on any business or act" in any period in a manner that is not consistent with the last approved corporate plan' or approved amendment.

This statutory provision is a useful tool in ensuring the accountability of the Workers' Compensation Board.

Motion To Accept Recommendation 10, Carried

Therefore, I move that standing committee on agencies, boards and commissions recommends that the Minister responsible for the Workers' Compensation Board make it a practice to table in the Legislative Assembly the corporate plan received annually from the Workers' Compensation Board.