How does the audit fee rebate work?
Homeowners pay the difference between the auditors fee and the provincial governments audit subsidy. For example, if the auditor charges $300 for the initial audit, the province pays the first $200 and you pay the auditor the remaining $100. If the audit charges $150 for the after-audit, the province pays the first $100 and you pay the remaining $50. The auditor collects the provincial government audit subsidy and auditor transportation cost directly from the province.
