If passed, Bill 22 would eliminate unnecessary government spending, improve the efficiency and oversight of public agencies and increase the value of taxpayer investments.
“Our government promised Albertans we would live within our means. Bill 22 ensures publicly owned enterprises and agencies, boards and commissions provide the best value to the taxpayer and deliver the results Albertans expect.”
The MacKinnon Panel recommended government conduct a comprehensive review of all departments, agencies, boards and commissions, as well as the wider public sector, to provide more effective and efficient service delivery to Albertans. Bill 22 is further action on this recommendation.
The proposed bill would update legislation to reflect government’s priorities and restore fiscal accountability to government operations.
Some highlights of the bill include:
- Strengthening governance of agencies boards and commissions (ABCs).
- Reducing duplication and non-essential spending by dissolving inactive and redundant ABCs.
- Leveraging economies of scale to get the best return possible on Albertans’ investments, through the use of Alberta Investment Management Corporation (AIMCo).
Full details of each of the bills is available online.