The contract speaks to this in great detail. Of the $43 million, $8.75 million was immediately paid to other charities and it was immediately transferred. More funds were being paid to afford the tech bills to support young people so they could participate in the program. We were helping to deliver a program with call-centre support, translation, access across the country and direct mentorship for 20,000 youth, helping also with recruitment, the legal fee payments and filling out T4s. This was a massive undertaking. Again, it was only the eligible expenses. Not only would we have made no profit, but, frankly, a charity can't even make a profit.
On July 28th, 2020. See this statement in context.