Public Accounts committee  The government has always kept the pre-2000 and the post-2000 separate. It has done that forever. At least since 2000 when that happened, it has been keeping those two items separate in its financial statements. Public sector accounting standards say that when you have a funded

Public Accounts committee  There was a method the federal government was using, and over the years it was becoming more and more evident that this method was not producing the right discount rate. We talked to the comptroller general's office about the issue, and they realized that they needed to look at a

Public Accounts committee  When we talk about giving the federal government a clean audit opinion for 20 years in a row, we are judging its accounting against the public sector accounting standards. If the public sector accounting standards require a change in how something is accounted for, we expect the

Public Accounts committee  We wouldn't have to recommend it—we would just expect it.

Public Accounts committee  Yes. It's on the first two parts of his question.

Public Accounts committee  On the reference to our report in 2014, what we were looking for, I believe, if my memory serves me, was some sort of an assessment of how much the assistance actually helped the industry. That's different from the collectibility issue. We were looking more for some results repor

Public Accounts committee  Well, I think particularly with something like this, it comes down to.... I think this goes back to the question earlier on. To me, what it shows is that the government continues to work some of these files and, when possible, they can recover something. Here, it's a question of

Public Accounts committee  Again, as we've talked about, when we do performance audits, there are lots of times when we don't see our recommendations being acted on. In the financial audit world, we see that the government does act on our recommendations. Most of them are dealt with within that two-year ti

Public Accounts committee  Mr. Chair, something you need to understand when you're dealing with pensions is that, as Mr. Huppé explained earlier on, at a point in time you predict what the cash flows are going to be. Based on how many people are in a plan, when they are going to retire, and what their sala