Auditor General Report Details Mining Penalties and Rehabilitation Failures
The latest in this situation
- Karen Hogan's audit warns that the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) is operating too slowly.
- FINTRAC reports detailing weak oversight were tabled in the House of Commons following an Auditor General review.
- The committee began reviewing audit queries raised by the Auditor-General.
How it started
What happened
The Auditor General submitted a performance audit to Parliament detailing issues within the licensing and monitoring of the mining sector. The audit found that three mining companies owed the Government US$13.7 million in penalties and fees for failing to rehabilitate 264.14 hectares of mined-out land as required by law. Additionally, two operators had outstanding royalty principal and interest totaling US$3.36 million.
Why it matters
The findings highlight weaknesses in the Government's enforcement mechanisms, including the lack of a single auditable rehabilitation register and the non-use of security deposit mechanisms. The audit indicates that one lessee accounted for 64 percent of the un-rehabilitated area and 72 percent of the total monetary exposure.
Who's involved
- parliamentThe legislative body where the audit report was tabled.
- governmentThe governing body responsible for the sector's regulation.
How it developed
Newest first. Tap a step to see who reported it.- FINTRAC reports detailing weak oversight were tabled in the House of Commons following an Auditor General review.Sub-event
The committee began reviewing audit queries raised by the Auditor-General.1 source
Auditor General submits performance audit to Parliament.1 source
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The entities involved
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parliament
legislative body of government
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government
system or group of people governing an organized community, often a state
Related events
- Speaker Om Birla called for the implementation of a digital audit platform in Parliament.
- Parliamentary rules govern the process by which the government is held accountable.
- Minister Christopher Tufton presented an accountability report to Parliament.
- The government plans to table amendments in Parliament.