Mr. Scott Fennell (Ontario):
Madam Speaker, last week the Liberal Cabinet dished out another $250 million of public funds to Canadair to continue its money losing fiasco. The Cabinet did not think that this transaction required parliamentary approval. This is one example, of many, of the failure of parliamentary accountability and thus the failure of democracy. Crown corporations for too long have escaped public and parliamentary scrutiny.
To correct this the Liberals have brought in Bill C-153, which 1 can only describe as feeble. The Bill does not provide for comprehensive audits and fails to improve in any substantial way the accountability of Crown corporations to Parliament.
Crown corporations must be made accountable to Parliament. Burgeoning sub-government must be controlled. In the first place, all audits should be done by the Auditor General and not by some external auditing firm. Second, the competitiveness of Crown corporations should not be enhanced by public funds. Any and all public funds allotted to Crown corporations should be detailed in the budget and then thoroughly examined by a parliamentary Committee.
The accountability of Crown corporations should not stop at the Cabinet level. Crown corporations should be made accountable to the people through the Parliament of Canada.
Subtopic: CROWN CORPORATIONS
Sub-subtopic: ACCOUNTABILITY TO PARLIAMENT