Hon. Tony Loffreda: Thank you for your speech, and I share your concerns on many fronts. I am particularly in agreement with you that the National Finance Committee is too often asked to review billions of dollars of government spending in so little time. Tracking money is not always an easy task, and for Supplementary Estimates (C) we were limited to two meetings. We only heard from 5 of the 70 departments seeking funding. This is unfair for committee members, and although we do commendable work — we do great work, and, like me, I know you take this work very seriously — it seems as if it’s always a race against the clock for us to conduct our reviews.

In all of your years of experience, what would you propose to do to fix this issue? Do you have a solution that could allow us more time to review the estimates? Is it more meetings? Is the parliamentary financial cycle too restrictive and uncompromising? I know Senator Smith proposed mandatory dates. I would like to know your opinion.