Among the other big news contained in her huge report released today, the Auditor-General, Sheila Fraser, also mentioned that the Liberals still haven’t figured out how to run a company (SHOCKER!), and as huge a story as this should be, it again pales in comparison to the whole picture she’s painting.
Apparently the Liberal Party’s plan of action, lo these many years of Canada’s decline, has been to overwhelm the average Canadian with so much incredible mismanagement and corruption, that an analysis of any one of them on their own seems almost dull and insignificant, despite the millions or billions of taxpayer dollars at stake, the social implications of their actions, and the huge political question marks all of this raises (manifestly: “What in tarnation are the Liberals up to?”).
The Liberal sponsorship corruption scandal is now officially peanuts compared to the billions of dollars the Auditor-General has reported about today; and this normally HUGE story of mismanagement of our peoples’ treasure.
Crown corporations operate too far from Parliament’s scrutiny, says auditor
OTTAWA (CP) – Despite the federal government’s pledges to clean things up, Canada’s Crown corporations still operate too far from the scrutiny of Parliament and the taxpayer, says Auditor General Sheila Fraser.
In the wake of such corporate scandals as Enron, WorldCom and Nortel, the Canadian public won’t stand for slack accountability of businesses they have a stake in, including Crown agencies that manage $78 billion in assets, she suggested in her latest report Tuesday.
That raises questions about the extent of patronage appointments in many Crowns.
Fraser last raised concerns about how the agencies – which account for a massive number of public services yet operate independently of government – in 2000.
Last February, the federal government promised to put in place a “transparent appointment process” and some improvements have been made at Canada’s 43 Crown agencies, she said, but many questions remain.
The government still has no formal mechanisms for telling Crowns what it wants and expects from them, and constantly drags it feet on appointing board members, chairs and chief executive officers, she said.
It also seems to have a terrible timing recruiting competent people, she noted.
“It took one corporation two years and repeated requests to have the government appoint a member to its board with proper financial expertise,” she said.
That’s no way to treat agencies that manage $78 billion in public assets and employ more than 73,000 across the country, she added.
PTBC was founded by Mr. Johannesen in 2000.
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