Canada’s federal government is among the worst of the G7 countries when it comes to publishing public spending accounts on time, says the Parliamentary Budget Officer (PBO).
“In comparison to other G7 countries Canada was among the last to publish their financial accounts,” Yves Giroux wrote to the House of Commons government operations and estimates committee, according to Blacklock’s Reporter.
Giroux cited a number of countries that publish their annual public spending accounts “in advance of six months after the end of the fiscal year,” four of them being France, Germany, Italy, and the United States.
The PBO said almost half of Canada’s provincial governments “publish their respective public accounts within six months, with Alberta consistently doing so within three months.”…