Thank you, Madam Chair. You know, we talk about the fiscal responsibility policy but we've heard the Department of Finance say that our current spending is unsustainable. There's clearly a disconnect between making sure that the policy works. I think it is doing certain things. I know that it limits us to, you know, funding 50 percent of infrastructure through operating surplus and then we usually reach right up to the other half with debt. And I think this is actually just created a push to use P3s, because they are not part of that analysis. So I think it's having unintended consequences that are actually making us fiscally irresponsible. I think there's some huge questions about how we can create a policy to make sure that our government is fiscally responsible. We have heard just staggering numbers about all sorts of deficits and deferred maintenance and basically every one of our systems, you know, has problems. And it seems that fiscal responsibilities policy just takes none of that into account. So I think this would be a great policy to overtake an overhaul and conduct a review of, and could be a lasting legacy of this government, to make sure we are on a sustainable path. Thank you, Madam Chair.
Rylund Johnson on Committee Motion 187-19(2): Committee Report 23-19(2): Standing Committee on Government Operations Report on Review of the 2018-19 and 2019-20 Public Accounts - Review of Fiscal Responsibility Policy, Carried
In the Legislative Assembly on December 8th, 2021. See this statement in context.
Committee Motion 187-19(2): Committee Report 23-19(2): Standing Committee on Government Operations Report on Review of the 2018-19 and 2019-20 Public Accounts - Review of Fiscal Responsibility Policy, Carried
Consideration Of Committee Of The Whole Of Bills And Other Matters
December 8th, 2021
Page 3350
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