Government Operations committee  Sure, and this is less of an opinion than a statement of fact. In Ontario in our estimates, when a tax expenditure uses a tax system to deliver benefits to taxpayers, they are included in the expenditure estimates on an accrual basis. Ontario follows the standards established by

Government Operations committee  Yes, training was provided. I can't speak to the specifics as I was not around at the time in this role, or I was not involved at that time in terms of the rollout of the transition. I don't know, Chris, if you were personally involved. What helps in terms of our financial plann

Government Operations committee  Sure. It's a great question, and maybe we'll tag-team on this one. From look at the transcripts from your previous discussions, I understand that some of the concerns from the Australian experience have been on how funding or appropriations that were intended for amortization pu

Government Operations committee  Thank you for that question. As with any change of this magnitude, I think there were ample consultations and dialogue that helped inform the path forward. The Ontario Financial Review Commission first made recommendations to that effect and that, in and of itself, was a body t

Government Operations committee  A consistent approach to planning and reporting obviously didn't happen overnight. As I think you've heard from previous witnesses who appeared before this committee, it took almost a decade to prepare for and implement a full accrual accounting system in Ontario. Through that pe

Government Operations committee  That is correct. Thank you very much, Mr. Chair, for having us here today to share Ontario's approach to and experience with financial reporting, which may be of interest to your committee as you study the budget and estimates processes. My name is Greg Orencsak. I am the deput