Description: The competition was tight with a number of dubious entries. But the new $8.2 million skating rink on Parliament Hill took the top spot in the Canadian Taxpayers Federation’s annual awards for federal government waste. This outdoor rink – a mere stone’s throw from the world’s longest skating rink, the Rideau Canal – works out to about $53 per skater. Ouch! In the provincial government contest, Ontario’s choice to borrow money to keep power rates artificially low “won” over New Brunswick’s $63.4 million failed bailout of Atcon construction.

Source: globalnews.ca

Date: February 14, 2018

Link: https://globalnews.ca/news/4025153/parliament-hill-rink-teddy-waste-award-2018/

1) Have you ever experienced an incident of government waste? What did you see?

2) Do you think that an award for some of these big scandals helps to prevent further government waste?

3) What account would something like the Parliament Hill rink show up in? Could you find it easily in the financial statements or would it take some special digging?