Mr. Yves Giroux at the Government Operations and Estimates Committee

On November 23rd, 2023. See this statement in context.

November 23rd, 2023 / 4:20 p.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

I think the accrual accounting method is much better. It's a better reflection of the actual flows and responsibilities, financial obligations and revenues of the federal government, but it's confusing in the sense that it does not always reflect the cash needs of the federal government.

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