HFX Votes 2024: What is risk managment?

In this penultimate episode of the HFX Votes 2024 election explainer series, Matt interviews Risk Management expert Bruce Manion. This episode is a direct result of Halifax’s Auditor General’s recent audits in which he found the HRM’s risk management framework to be a bit of a hot mess.  In this episode, Bruce explains to Matt how the city should be thinking about Risk Management and the problem with the city moving its risk management team from the accountants to the lawyers back in 2021. This conversation moves around a lot, from crashing ships to various levels of government approving the building of death trap subdivisions.   This conversation also launched Matt into the rabbit hole of the municipal Enterprise Risk Register, and it looks like how the city identifies risks in the first place is fundamentally flawed. More on this when Matt finishes reporting it out, but subscribers of The Coast will get a little preview of what Matt is investigating in City Hall Insider, which hits inboxes at 10:30 on Monday mornings.