Industry committee  The plan right now with respect to the transition is that brochures and pamphlets will be drafted aimed very much at the small guys. Model articles and model bylaws will be done. We've had discussions with Sports Canada, because of the number of sports organizations; with Fisheries and Oceans; with CRA.

Industry committee  Currently, under both the Canada Cooperatives Act and the Canada Business Corporations Act, there are these positions of both director and deputy director. The people already exist. The heads of Corporations Canada are just that: they're government officials who have been put in place to administer the act.

Industry committee  At the moment, the director, under the Canada Business Corporations Act, is a director general within the department. The two deputy directors are directors within the department. They are government officials who, as I said, are operating with essentially the same powers and the same administrative role under two other statutes already.

Industry committee  Right now you have a director in place who already has the whole administrative role in place—the computer system, the files, everything else. It would be difficult for any other office to start it up. You'd be starting at square one and having to set up a whole new administrative office.

Industry committee  It would not be impossible if the minister was appointing somebody. As with any position within the government, it's up to the minister and the hiring process to determine who's going to get a particular position.

Industry committee  The director has certain powers under the act, but he's also a director general in the department, and therefore feeds into an ADM, who feeds to the DM, who feeds to the minister. For the Industry Canada annual report, performance reports, reports on plans, it's the same thing. All the Corporations Canada material is in there and comes to Parliament through that way.

Industry committee  Under $50,000. The audit requirements, if you're a soliciting corporation, are that if you have less than $50,000 in gross annual revenues you may choose to have no audit. Between $50,000 and $250,000 the default is to have an audit with an option of having a review engagement, which is a lower level of review based on members.