[Selanne_200]

Well to be fair, if it is a small corporation, a NTR would be enough, there is no need for a review or audit to be done. Most banks I've seen with will also take a NTR as part of the financial statements when applying for a loan.
As others have pointed out tho, with a NTR, the firm takes no responsibility but a reputable firm will help you out in the event of an audit from the CRA. Where I worked before, a small engagement with less than 20 transactions total still cost about a 1000 to file a T-2 along with a NTR but you will have a piece of mind that the numbers we used could be supported. I've also seen financial statements prepared for $300 but the numbers just seemed to be pulled out of thin air with no supporting evidences.