There is a transparency issue at the root of the Hockey Canada scandal. By now, most Canadians are well aware of how the organization used funds to cover up allegations of sexual misconduct. But Hockey Canada didn’t just betray the trust of the public — it also betrayed its own stakeholders.
When Hockey Canada opted to not inform funders, sponsors, members, players and parents about how it used its funds, it violated the trust of its stakeholders. This violation has far reaching implications about financial transparency — not only for Hockey Canada, but for the nonprofit sector as a whole.
