Treasury Board hands over $325,000 in March Madness spending

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There’s March Insanity in basketball phrases after which there’s March Insanity in the case of spending in Ottawa.

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Entry to Info information present the Treasury Board spent simply over $325,000 {dollars} to mark the top of the fiscal yr on March 31, 2021, based on Blacklock’s Reporter.

Though Cupboard has formally denied it exists, within the occasion that occurs yearly, managers spend unused budgets earlier than the top of March out of worry their parliamentary appropriation could be taken away. After March Insanity grew to become so prevalent the Commons permitted MPs to hold unspent funds of as much as 5% of their workplace budgets from one fiscal yr to the subsequent.

“Members will know that is to keep away from what’s often called March Insanity,” then-Speaker Geoff Regan informed a 2018 listening to of the Home affairs committee.

The Treasury Board bills ranged from the most important which was a $7,200 administration coaching course to the smallest which was a 90-cent Zoom cost.

Final December, Parliamentary price range officer Yves Giroux testified on the Senate nationwide finance commmitte, it was a certainty that March overspending occurred.

“You spend the cash you could have moderately than let it lapse even for those who don’t completely want the cash,” mentioned Giroux.

“That may, in some circumstances, result in what we name March Insanity.”