Thank you, Mr. Chair. One of the sources that we often look at to understand public sector accounting and how governments report on their own finances is annual reports from the C.D. Howe Institute. That is not our sole authoritative source, but it is a very good one. They have done a lot of work on this, and they grade different provinces and territories in the quality of how they are reporting their public accounts. Unfortunately, the GNWT usually receives around a D. PEI got worse. They have a D-. It is imperative that we find better ways to improve.
A consolidated budget is one of those things that is going to help, but there are any other steps that can be taken to improve the public financial reporting. We didn't want to be prescriptive or only rely on one think tank's, not matter how qualified, reporting. This motion calls for the government to look into different options on how to better do public financial reporting and then bring those in to the Legislative Assembly. Hopefully, our successor committee can then pick up that report and make recommendations and, if there aren't changes that have been made, or, if there have been changes, endorse those changes. I think this is a good way to identify an evidence-based way to improve public financial reporting of the GNWT, and I hope my colleagues support it today. Thank you, Mr. Chair.