Mr. Speaker, as a former executive director of an agency that gave out funds, I know of many instances where we provided $10,000 to organizations and it would then cost them $5,000 to get an audit. There was no point in giving them the $10,000 because they would have to spend it all on an auditor. The bill addresses that, but there still needs to be some accountability.
One way we were able to help organizations, specifically in Sudbury, was to create what we called leadership development services through the United Way. Volunteer accountants were more than willing to provide services to those organizations. The bill looks at creating some type of threshold to ensure that those audits continue to happen.
As for not-for-profits and charities across our great land, they always find ways to make things work so they can be, as the member mentioned, accountable and transparent to the public.