The next area is on financial reporting. The committee made some lengthy remarks in this area, but I am curious that it takes such a long time to respond to recommendations made. On page 7 of 16, the area that is highlighted took eight years once recommendations were made. Yet, disclosures still hadn't been made. I know that changing the system and upgrading the system is costly. On page 8, information technology, it states that our financial information is 12 years old and becoming obsolete. Anyone who is in the financial business knows that timely and accurate information is required to make good management decisions. So I am very pleased that the auditor and the committee addressed these items.
It has to be looked at and the issue of the informatics strategy was one of the items that was mentioned in the Premier's address to the Legislature and it was raised in question period several times. I think it has been two years since we have heard what the status on this is, and that was supposed to be the catch-all strategy and the new information technology in this government. So even that's taking two years to develop, and I am sure if we ever get the strategy developed it will be outdated and obsolete.