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Public Accounts committee Thank you, Mr. Chair. Thank you very much to the committee for a very good, solid set of questions and observations. Thanks as well to the Auditor General and her staff.
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you, Mr. Lake. If you look overall over the last 10 years, the surplus has been in the neighbourhood of the $8 billion to $10 billion range. That reduces the accumulated deficit, and that obviously provides some additional space. I've asked my colleague from the Department
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you. I don't know. Paul, do you?
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you, Mr. Chair. Mr. Wrzesnewskyj, on page 2.24 of volume I there's a table that shows the receivables, and it breaks it out by individuals, employers, corporations, and non-residents. It shows the allowance for doubtful accounts against each one of those categories. That w
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee I know CIDA is currently revising and having a look at how they're presenting information, to try to make it more understandable, easier to do performance assessments, and so forth. I know they're going through that process. They're working on being more accountable. They've told
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee This is on the revenue estimation process. You are right, the methodology must be revised so that revenue estimations are better. We are currently revising the process, in conjunction with the Canada Revenue Agency.
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you, Mr. Sweet. John.
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you, Mr. Sweet. I'll ask my colleagues to jump in if I don't have this right. I believe this figure actually would reflect those claims for which Indian and Northern Affairs Canada has actually gone through and attached a value to each possible claim. If I understand corre
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Perhaps I'm not understanding the question appropriately.
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee I believe this figure does reflect the 71. Can we confirm that for you, Mr. Sweet, just to make sure we've answered correctly?
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you for that question. It has been a big challenge for us to make sure we get the right folks. My predecessor, Mr. St-Jean, put a huge focus on that over the last two or three years. We have a program to bring in new finance officers and audit officers. In the last five ye
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Yes, Mr. Hubbard. I know that with CIDA, of course, a lot of their programs are grants and contributions, and people wonder what kind of impact it is having. That's one issue. From an accounting point of view, I think we can say...and I think they probably have a fair amount of
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee Thank you for that question. I'll just ask my colleagues to jump in if I don't have this right. For big equipment and capital equipment, basically it's the historical cost that has been depreciated. So it's like a net book value. For example, at the Department of National Defenc
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee That's absolutely correct.
November 20th, 2007Committee meeting
Rodney Monette
Public Accounts committee That's correct.
November 20th, 2007Committee meeting
Rodney Monette