The Financial Management Board record of decision stipulates that operational subsidies and investments from the NWT Development Corporation to its subsidiaries be based on each job that the subsidiary creates. The job may be created directly or indirectly. The Auditor General noted that the NWT Development Corporation has not collected information on the number of jobs created. Therefore, it cannot be determined if the subsidies and investment monies exceed the limits stipulated by the FMB. The comptroller general stated to the committee:

"...we cannot provide to you the reports from the Northwest Territories Development Corporation that would verify that the jobs were actually created in the numbers that they anticipated".

Compounding the situation, the Financial Management Board and the NWT Development Corporation have not reached an agreement as to the definition of "job" for the purposes of measurement. In spite of the requisite information failing to being collected and a lack of agreement on the definition of job, monies continued to flow to the corporation.

As a result of information not being compiled, neither the government nor subsequently the committee has any concrete evidence as to how effective the NWT Development Corporation is in fulfilling its mandate. Further to this, it has to be questioned why monies continued to flow to the corporation when it was in contravention of the Financial Management Board's record of decision governing its subsidies.