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11. Response to Parliamentary Committees and External Audits
On August 22, 2007 the Minister of Natural Resources presented to the House of Commons the Government's response to the Standing Committee on Natural Resources' report entitled The Oil Sands: Towards Sustainable Development that was presented to the House on March 26, 2007. The response addresses all of the report's recommendations in detail. This was the only response provided by the Department to a parliamentary committee during 2007‑08 and the first since April 1, 2004.
The response to the Oil Sands report can be found on this web site: http://cmte.parl.gc.ca/cmte/CommitteePublication.aspx?COM=10803&Lang=1&SourceId=214070. See DPR, Energy Program Activity "A fair, efficient and competitive oil, natural gas and petroleum products marketplace that is consistent with Canada's social and environmental goals".
Nil.
OAG audit on the Market Development Incentive Payments (MDIP) – The audit findings confirm that NRCan "has complied, in all significant respects, with sections 14 and 15 of the Memorandum of Agreement, as amended by the joint announcement, during the year ended March 31, 2006".
KPMG audit of the Geomatics Canada Revolving Fund – KPMG opined that the financial statements present fairly, in all material respects, the financial position of the GCRF as of March 31, 2008, and the results of its operations and the changes in its financial position for the year then ended in accordance with the accounting principles for revolving funds of the Government of Canada. This is the fourteenth consecutive year since the inception of the GCRF that external auditors have issued an unqualified opinion on the financial statements of the Fund.
