Government Manipulates Data to Look Good

By including pension funds as government assets, this government fudges the books to make their own performance look better than it is.

Today marks the first day of operation for the Trans Mountain pipeline, which will return significant revenue to governments at all levels, help achieve market price for our valued resource, and provide jobs for Canadians and prosperity for communities along the route. This is good news for Canada’s bottom line.

Meanwhile, yesterday I rose in the House to ask why the government manipulates data and statistics to make our country’s finances look better than they are. In particular – they include pension holdings of the CPP and QPP as “assets” when they are not. Those funds are held in trust for Canadians. Categorizing them as assets distorts the metrics used by the government to grade their own performance.

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See the transcript of Greg’s remarks in Hansard.