Northern Reflections: It All Depends On Who Keeps The Books

Yesterday, Peter Mackay admitted that the Auditor General was right. Mackay and his cabinet colleagues had known that each F-35 would cost $25 billion. The difference between the $14.7 billion figure, which the government touted, and the Auditor General’s number was simply a matter of accounting: The $10-billion difference is accounted for by a “different ...