That staff be directed to review the proposal for the removal of the exclusion needed for public-sector accounting to be able to reflect the monetary value of natural assets in Canada, such as carbon sequestration and storage, flood protection and biodiversity benefits.
And that staff review with the CAO and the Commissioner of Corporate and Legislative Services, the request for a signatory from the City of Peterborough in support of the proposal for the explicit exclusion of non-purchased natural resources to be removed from the proposed new Financial Statement Presentation standard, Section PS 1202.