The Conservatives in the Legislature say the Auditor-General’s refusal to give unqualified approval to the provincial government’s financial statements is a serious matter.
Kim MacPherson questions the accuracy of the shared risk pension plan.
Saint John Lancaster M-L-A Dorothy Shepherd says there are financial ramifications which could include higher borrowing charges.
Finance Minister Roger Melanson says the province is using the same accounting procedure as other jurisdictions with shared risk pension plans, Saint John, Fredericton and Nova Scotia.
Melanson says the government is depending on the comptroller’s expertise in accounting.
