“I have issued a qualified audit opinion because the statements were not prepared following Canadian Public Sector Accounting Standards,” Auditor General Bonnie Lysyk said today after the Government issued the Public Accounts of Ontario.
Click here for the press release.
“The deficit is understated by $1.444 billion for 2016/17 ($1.831 billion in 2015/16) and the net debt is understated by $12.429 billion for 2016/17 ($10.985 billion in 2015/16).”
Auditor General for Ontario, Bonnie Lysk, is honest and has courage.
She rocked Ontario last year with her report on Ontario Hydro; and now, before the next provincial election, she is at it again – doing the right thing and blowing the whistle the Wynne government.
Congratulations for her independence in issuing her qualified audit opinion so that citizens can know the facts.
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