That would be the minimum required, because that is the primary reason why there are delays.
Heather talked about a line of credit. Some organizations do have one, but they are in the minority. In summer, we visit the bank in order to obtain a line of credit—and for the time being, we are not talking about interest charges. The bank tells us that our organization has been around for 10 years and receives funding every year, and that even if we had a few problems with our cheques, the bank can give us a line of credit providing that we provide it with a letter confirming our funding for the forthcoming year. We then ask the bank when it needs this letter and we are told that it is required before we can be given a line of credit.
The letter confirming the funding must be approved by the minister, which takes several months. A year goes by, and the following year, the exercise starts over. The system operates on the basis of multi-financing, namely, the financing is spread over several years.
We know what is on the table, but that should be the norm for all of the organizations, without exception. We need to know what we are going to be getting for the next two or three years. That would resolve many problems. Nevertheless, the funding has to be received on a timely basis, during the first year. Otherwise, it will not work.