Under the current law, soliciting corporations, and all corporations, are required to have their financial statements audited, but they're not required to give them to members; they only have to give them a summary or a statement of the financial situation of the corporation.
So what this act does is require that the financial statements go to members, so that members will be able to oversee the activities of their corporation.
Plus the financial statements of soliciting corporations—not non-soliciting corporations, but anyone who gets money from the government or the public—will have to be filed with Corporations Canada. So there's an oversight rule there.
And the act won't change any of the filing requirements or any of the legal or regulatory requirements of the Canada Revenue Agency. So whatever mechanisms or remedies they have in place will remain intact; it has no effect on them whatsoever.