We did find that it took about a year to notify companies deemed ineligible. Some decisions, such as the approach to take and who would be responsible for collection, took a long time. There were a lot of questions and uncertainty. This is due to the lack of a clear role between the two departments and EDC and the responsibilities they were to assume.
The financial institutions have this data because the companies have taken out a loan with them. As for eligibility, only the Canada Revenue Agency had access to payroll information at the outset, and it was they who confirmed to the third party whether a company was eligible or not.
As for the second component, expenses that cannot be deferred, the organization knew that it was providing information to a third party to demonstrate that it was eligible. With the exception of financial institutions, I don't think a lot of the companies' information is in the hands of a third party right now.