Mr. Speaker, I rise today on behalf of the constituents of Okanagan-Simikameen-Merritt to remind my colleagues that Bill C-263, which I introduced in the House, will be debated today.
Bill C-263 is an act to amend the Financial Administration Act and will bring five crown corporations under part X of the act. The five corporations are the Canada Council, the Canadian Film Development Corporation, the Canadian Wheat Board, the International Development Research Centre and the National Arts Centre Corporation.
The bill intends to bring accountability to these five corporations through allowing the Auditor General to conduct special examinations, a value for money audit every five years, as the Auditor General's office does regularly with other departments in the public service.
This matter concerns accountability. It works toward reducing waste, improving requirements for planning, improving strategy and cost systems. In short, the bill will ensure that five crown corporations are following good management practices.
I encourage all members to support Bill C-263.