Thank you, Mr. Chair.
I would like to hear from Ms. Hogan, the Auditor General of Canada, regarding the reporting requirements of Crown corporations.
Looking a bit more closely at the regulations, Crown corporations are required to report their financial statements in accordance with generally recognized accounting principles. It would however be possible, through regulations, to add accounting principles that would require financial statements to be reported.
I would like to know whether the Auditor General believes it would be possible to use regulations to require the disclosure of more detailed financial statements. In other words, using the same example, I am referring to releasing the names of organizations that received more than $100,000 in funding and the location of their headquarters. Could that be done through regulations?