moved for leave to introduce Bill C-263, an act to amend the Financial Administration Act and other acts in consequence thereof (exempted crown corporations).
Mr. Speaker, in an effort to further the good management of all government departments, agencies and corporations, the bill I am proposing at this time seeks to improve accountability by moving certain crown corporations currently exempted from the provisions of the Financial Administration Act into the accountability framework suggested by the Auditor General.
Auditors General have on several occasions in their annual reports made recommendations to introduce this change. Their concern focuses on the fact that these exempt corporations do not face as rigorous an examination as do all other government departments, agencies and corporations.
In a country with the grave debt problems which we have, all government bodies must have the greatest dedication to accountability. We in this House must ensure that every dollar of taxpayers' money is used carefully and judiciously and in the manner of which all citizens of this country can approve.
This bill will remove concerns in this area by ensuring the highest level of responsibility and embracing the principles of good management. It will enhance the credibility of government and the public image of these corporations.
(Motions deemed adopted, bill read the first time and printed.)