Most certainly we would be faced with laying off staff and potentially not being able to pay our rent, which would put us in legal jeopardy with our landlord. We have a lease without break, so if we're unable to pay that, we would certainly be facing some form of very difficult conversations and/or litigation. The programs have given us the ability to navigate that. As I mentioned in my testimony, just before the start of November, we fell down to 4.2 months of forward operating reserve, which means that we wouldn't exist by Easter. Having been a ten-year organization, Canada's largest national foundation for the military, to go out of business by the spring would certainly be a significant consequence for the veterans we serve.
On November 25th, 2020. See this statement in context.