Companies whose shares are publicly traded are not permitted to make statements about their operating results without backing them up with numbers, tables or charts. This is a regulatory issue to ensure that the public is not being misled.
This failure to produce the numbers that support the public statements of OC Transpo is just another example of an ever-growing list of failures to observe good-governance standards by the City of Ottawa, and in particular by our elected officials. The words “open, transparent and accountable” mean something in the English language.
Mayor Jim Watson either has to live up to what he oft states in public or stop using those words. After all, there are truth in advertising laws in this country.
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