2016
DOI: 10.2139/ssrn.2765537
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Controlling the Public Purse: The Fiscal Accountability of Canada's Senior Governments, 2016

Abstract: Accountability for public funds is a cornerstone of democracy. Despite progress over the past 15 years, Canadian legislators and citizens still face needless obstacles in understanding the financial reports of federal and provincial governments. Over that period, these governments spent some $69 billion more than projected in their budgets. Canadians need further improvements in financial reporting, and better diligence by their elected representatives.

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Cited by 8 publications
(1 citation statement)
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“…This person, a municipal councillor or taxpayer, should be able to pick up her city's budget and the financial report for a given year, start at page one, find the key aggregate revenue and spending figures early and easily, and compare them to see how close the results are to the plan. The majority of Canada's senior governments now publish budgets and financial reports that make this exercise possible (Busby and Robson 2016), and other public sector entities are following suit. School boards in Ontario, for example, have recently moved to full accrual budgeting.…”
Section: R Ecom Mendations For Bet Ter Municipa L Fina Nci a L R Eportsmentioning
confidence: 99%
“…This person, a municipal councillor or taxpayer, should be able to pick up her city's budget and the financial report for a given year, start at page one, find the key aggregate revenue and spending figures early and easily, and compare them to see how close the results are to the plan. The majority of Canada's senior governments now publish budgets and financial reports that make this exercise possible (Busby and Robson 2016), and other public sector entities are following suit. School boards in Ontario, for example, have recently moved to full accrual budgeting.…”
Section: R Ecom Mendations For Bet Ter Municipa L Fina Nci a L R Eportsmentioning
confidence: 99%