Thank you, Mr. Chairman. Motions five and six, the value for money in the audit program. The value for money audit of the N.W.T. Housing Corporation, demonstrated last year a severe shortcoming in its management operations. It has taken almost five years to obtain the benefit, and other value for money audits, and that is in the Department of Health, which by the way, has not even been tabled in this House.
The value for money audit of the Department of Economic Development, which was approved by an Assembly motion in March of 1991, still has not commenced yet. The Assembly requires, in our opinion, a more routine basis for obtaining a second, independent opinion of departments and agencies managed funds. This committee, and the Public Accounts Committee, will be working together to identify specific concerns that guide the audit plan. The audit plan should be continued into the life of succeeding Assemblies, and should also cover Crown corporations.
I have two motions on this, Mr. Chairman. Motion five, I move that the Committee recommends that a broad scope value for money audit plan, on an ongoing basis, be established by the Legislative Assembly, based on recommendations of the Standing Committee on Finance and Public Accounts covering all government departments and agencies.