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Charity sector worth $300B per year, but CRA audits have dropped four-fold since 2010

If you are auditing 1 in 400 charities per year … it is going to leave a lot of charities out that are doing some very bad things and CRA is not auditing them’

OTTAWA – The Canada Revenue Agency’s charitable audits have dropped four-fold in the last decade, with just over 200 done in 2019, leaving experts concerned that fraud and mismanaged funds are going undetected.

I’m shocked.

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