That is right, the member asked for more and we gave it to him.
Our Liberal government values the virtue of accountability and transparency. Canadians expect us to use their hard earned tax dollars in an efficient, prudent manner. Budget 2003 recognized these expectations and committed our government to strengthen accountability and increase transparency. The budget was in part a concerted response to the constructive criticism of the Auditor General. She told us what was wrong. We listened and we fixed it.
Some of the initiatives in Budget 2003 that specifically respond to the concerns of the Auditor General include the following.
First, committing the federal government to begin consultations on a new EI rate setting regime for 2005 and beyond, based on the principles of transparency, and of balancing premier revenues with expected program costs.
Second is to make a number of changes to improve the accountability and governance arrangements of the arm's length foundations. This, in combination with clarifying the policy principles underlying the use of foundations, will ensure their continued effective use.
Third is to create a new Canada health transfer and a new Canada social transfer effective April 1, 2004. This will improve the transparency and the accountability of moneys transferred for health care. This complements the 2003 first ministers health care accord accountability framework, which includes a commitment to report regularly to Canadians on the effectiveness of these transfers.
Fourth is to reinforce accountability and transparency in public reporting. The government will continue to improve the relevance, timeliness and clarity of information it provides to a Parliament.