PACP Committee News Release
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Standing Committee on Public Accounts |
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Comité permanent des comptes publics |
For immediate release
NEWS RELEASE
G8 Legacy Infrastructure Fund Projects Were Well Managed
Ottawa, March 28, 2012 -
OTTAWA – While improvements could be made in documenting the selection process, departmental officials managed G8 Legacy Infrastructure Fund projects in a prudent and responsible manner, according to the Standing Committee on Public Accounts’ report presented today to the House of Commons.
In February 2009, the government announced the creation of a $50 million legacy infrastructure fund for the host region of the June 2010 Group of Eight (G8) Heads of State Summit.
In an audit included in its Spring 2011 Report, the Office of the Auditor General (OAG) examined how the G8 Legacy Infrastructure Fund was established and funded, and how projects were selected.
The OAG concluded that the government could have been more transparent in the way that it presented the request for spending authority for the Fund in the supplementary estimates. The OAG was also concerned by the lack of documentation for the selection of 32 projects for funding from the initial 242 projects submitted.
The Committee agrees that improvements need to be made, and recognizes the government’s commitment to accountability and transparency. The Committee trusts that subprograms will be better identified in the supplementary estimates and that the project selection process for infrastructure programs will be properly documented.
The Committee also notes that all of the 32 projects submitted for funding were reviewed by departmental officials for eligibility, and, as noted by the Interim Auditor General, the officials subsequently monitored the administration of the projects and determined that all funds were accounted for and spent appropriately.
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