Thank you, Mr. Chair. Just let me confirm my notes here. We know that at a very high level, programs and services are reviewed and evaluated and audited. We know that the comptroller general sits on what we call the Audit Committee and reviews a number of these programs and services for the improved corporate risk management. So, in essence, this is some very high-level internal audit work that has been done for the department so it can run smoother and be more efficient for public accounting.

We all know through questions in the House earlier this year that for the year 2013-2014, this committee approved 12 such projects. The committee, as being the Audit Committee, approved 12 such projects and addressed roughly two-thirds of them. Of those two-thirds of the projects that were evaluated, there were 47 recommendations to which the Department of Finance, according to information received by committee, only implemented about 67 percent of them. So, the bottom line is that there was some degree of reluctance from Cabinet to share the findings of the Audit Committee information, basically its findings and recommendations and implementation.

So, again, what this motion does is we stress that the standing committee in the 18th Assembly needs to hopefully work with the Cabinet to unveil, if I can use this term loosely, to unveil a bit of this degree of secrecy on corporate risk management and make this information available to standing committee, as it does have a bearing on audit opinions and the overall fiscal health of the GNWT. Thank you, Mr. Chair.