Thank you, Mr. Speaker. Today marks the final leg of my journey to a tabled document brought before the House on September 29, 2015, called Measuring GNWT Fiscal Performance and Accountability.
Public reporting, by all accounts, is the last measure of fiscal performance, because if you can’t show your work or report your work properly, then really who cares? So, reporting should be timely, clear and comprehensible to the average person. Although there has been some general improvement over the years, in 2015 the C.D. Howe Institute sums it up best in saying, “On the quality of reporting scale, the Northwest Territories earns a grade of D plus. Although the PSAB-consistent public accounts save the Northwest Territories from getting outright failing grades, its budgets would bewilder our idealized reader with multiple presentations of revenue and spending figures that no non-expert could possibly reconcile with the headline figures in their public accounts.”
To that end, I cannot argue with C.D. Howe Institute, and I also give the McLeod government an equal D plus grade when it comes to public reporting.
There you have it, Mr. Speaker. A complete six-day review of the McLeod government as it pertains to measurables of their fiscal performance and accountability. So, to recap the McLeod government report card: operational and capital growth spending, B minus; on taxation management, A; on population growth management, C; on debt and borrowing capacity, C; on workforce growth management, B minus; finally, on public reporting, D plus.
Again, I want to thank all resource staff for their report and fact-checking all my numbers. Bringing this much needed public information in an easier to understand document was a goal for me in my first year of office and I was glad I was able to fulfil that task.
It is my hope this formal evaluation format will be used by future Assemblies as a means to measure our fiscal performance and accountability for the people we serve. Thank you, Mr. Speaker.