“The Fiscal Monitor” is an important source of information for parliamentarians, for Canadians and for me, of course, as are the quarterly financial statements and the monthly statements that we get from the Receiver General.
However, the comment in my report of a couple of weeks ago related to the fact that there are adjustments very often made after the end of the year—accrual adjustments, accounting adjustments—and that makes it very difficult to solely rely on “The Fiscal Monitor” to have an accurate picture of the state of public finances. That's why I was recommending, and still am, that the public accounts be tabled sooner than they were in this fiscal year.