Mr. Chair, members of the committee, thank you.
I want to begin by thanking you for the invitation to appear before this committee to discuss the results of the Auditor General's performance audit on long-term fiscal sustainability presented in his fall 2012 report.
With me today also from the Department of Finance is Mr. Doug Nevison, general director, economic and fiscal policy branch.
We are pleased with the results of the performance audit of the Auditor General, which confirmed that the Department of Finance routinely conducts sound, long-term fiscal sustainability analyses, and that the results of these analyses are used to inform policy decisions.
I would like to take this opportunity to thank the Office of the Auditor General, Nancy and Richard, for their continued professional working relationships we have enjoyed both through this audit and previous ones.
We have accepted their recommendations and have acted in response.
Mr. Chair, we have tabled our action plan outlining the key steps the department has undertaken in the wake of the Auditor General's recommendations to expand our long-term fiscal analysis and better communicate its results to the public. I understand you received that action plan late, and I apologize. I think there was some issue with the translation at Finance.
Finally, we would be pleased to take the committee's questions.
Merci.