I’ve been a very big fan of provincial Auditor General John Doyle, ever since I first started looking into the various P3 projects in the province. Even then, he appeared to me to be one man with unbroken integrity, and not at all afraid to wade deeply where none had gone before to get at the heart of the often questionable Liberal method of accounting. He replied to every email of mine with thoughtful,informative answers,and I felt secure that Mr. Doyle would eventually uncover every detail needing to be uncovered.
He continues to impress by leaps and bounds and every British Columbian should be sending the man a Christmas card of thanks this year for looking out for all of us. Vaughn Palmers column in the Sun today tells us why…and the news is startling.
Not often do accountants engage in the bookkeeping equivalent of hand-to-hand combat.
But there was some of that at a meeting of the public accounts committee of the legislature one day last week, as BC Hydro’s chief financial officer and acting CEO Charles Reid squared off against Auditor-General John Doyle.
The occasion was supplied by the committee review of Doyle’s recent report on Hydro’s growing practice of defer-ring current expenses to future years.
The flashpoint was provided by Doyle’s bald assertion that although every penny of the soon-to-be-$5-billion balance in the 27-and-count-ing deferral accounts will have to be repaid, neither Hydro nor the government has any detectable plan to do so.