Tax expenditures, represent a tax break that government offers people and corporations in support of policy objectives. It’s forgone revenue, or money that government doesn’t collect, but could if it didn’t offer that tax break. In 2016/17, tax expenditures in B.C. accounted for over $7 billion in foregone revenue.
In a report issued today, Auditor General Carol Bellringer says the BC government is not adequately managing risks posed by climate change.
The Auditor General’s Office has served British Columbia well but the outgoing government deprived it of resources that would have increased audit effectiveness. Politicians are inclined to inhibit the actions of authorities that might offer criticisms. Christy Clark did that but we can hope Premier Horgan will do the opposite.
In 2014, BC’s government claimed public sector organizations would operate under principles that strengthen accountability, promote cost control, and ensure the corporations operate in the best interest of taxpayers. If you’ve read my work on BC Hydro, examined Bob Mackin’s frustrations with FOI or generally followed provincial politics, you would have known the claims were hollow from the start.
Now, three years later, the Auditor General confirms that assertion
Regarding: Ministry of Environment (MoE), Mary Polak, Minister Ministry of Energy and Mines (MEM), Bill Bennett, Minister Excerpts from AN AUDIT OF COMPLIANCE AND ENFORCEMENT OF THE MINING SECTOR, May 2016, by […]
British Columbia’s June sale of oil and gas rights brought the 2015 six month total to $7.1 million. The monthly average for this calendar year is the lowest in 38 years reported […]
British Columbia’s Auditor General reported to the BC Legislature and there is interesting commentary throughout. Carol Bellringer qualified her opinion as to the fairness of the province’s financial statements and professional accountants […]
Since the website of the British Columbia Auditor General is inaccessible early morning March 30, and was down late March 29, I provide this access to recent reports from the Auditor General. […]
Finance Minister Mike de Jong must demand resignations of the senior executives and directors of Pacific Carbon Trust. They are officials of a publicly owned enterprise but instead dedicated their loyalty to […]
“… [Carbon] offsets can only be credible in B.C. if, among other things, the revenue from their sale is the tipping point in moving forward on a project. It must be an […]
According to the Canadian Press, B.C.’s clerk of the legislature Craig James is not happy with Auditor General John Doyle. During a gathering in Victoria of Canadian legislative officers, a private meeting […]
Before the 2013 election, Premier Clark’s Liberals were involved in a feeding frenzy, working to grab maximum treasure from public wealth in case voters ended the opportunities.
A few days ago, I wrote Cronies, henchmen and the future and noted a loss of government revenue derived from natural resources, even though production and commodity prices have risen dramatically in the […]
I’ve been examining audited financial statements of two favourite public enterprises: BC Hydro and PAVCO. I completed preliminary examination but a paucity of meaningful data makes that a difficult task for an […]
Vancouver Sun’s excellent business writer David Baines considers tax implications of government paying $6 million in legal fees for convicted criminals Basi & Virk. $6-million question: Should corrupt aides pay tax for […]
On today’s Trailing Edge from the Ledge, BC Liberal press officer Sean Leslie disclosed strategy to be followed after the party’s candidate, federal Conservative wonk Laurie Throness, fails to win the once […]
A person commenting on Jonathan Fowlie’s puffery in the Vancouver Sun proposes a way Premier Photo-Op can resolve her government’s dispute with Auditor General John Doyle over documents in the Basi Virk […]
“Old news” – new anxieties for Liberals, posted three weeks ago, mentioned Basi/Virk judge Anne MacKenzie’s reasons for sentence and her dialogue of standard clichés, wordplay, and nonsense: “…a conditional sentence is not […]
How we spend our money reflects our values, particularly for conscious choices, the ones we make after full consideration. That occurred to me when reader Lew linked to a Jonathan Fowlie blog, […]
Corrupt politicians believe public watchdogs should never criticize government policies and programs and must be restricted in how they engage the media. That has been a BC Liberal preference since soon after they took power in 2001.