Public Accounts committee  Thank you, Mr. Chair. Thank you for the opportunity to discuss our audit of the offshore banking. I am accompanied today by Heather Miller, the director who was responsible for this audit. For our chapter on offshore banking, we focused our activities on the Liechtenstein bank

Public Accounts committee  Yes. We indicated for resolved that they were either reassessed down to zero or were paid, and the $14.5 million, as Mr. Montroy said, is still in appeals and not collected.

Public Accounts committee  It is situated in Surrey. It is a division within the agency.

Public Accounts committee  No, we state in our chapter that we only looked at the division under Mr. Montroy's responsibility. We did note that two were forwarded to this division, but we did not look at the decision made by that division on those two cases.

Public Accounts committee  Yes, and we do mention that there are different objectives, as we described in paragraphs 24 and 25. So we did look at the audit division for those files that they did make referrals on, and then we looked at the other six where they did not make referrals to see if they were con

Public Accounts committee  For the eight cases?

Public Accounts committee  What we looked at was, as mentioned in.... If the file had an agreement in place, then it wasn't to be referred to that division at all. So for those, that was the first—

Public Accounts committee  To assess taxes where warranted.

Public Accounts committee  Yes.

Public Accounts committee  As mentioned in the previous paragraph, because this was the first time the agency had received this type of information, there was a choice being made on whether to acquire information through this agreement to learn about how some of these structures were set up or to acquire t

Public Accounts committee  I do not fully understand the question on our chapter. We audited the Liechtenstein list only in the context of laws that were in force at that time.

Public Accounts committee  Yes, we started the activities with the help of the list. There has been an improvement since 2007. The work seems to be giving good results, but this is not an evaluation.

Public Accounts committee  Thank you, Mr. Chair. In our chapter, we start out in paragraphs 9.8 through 9.11 to identify that we reviewed CRA's actions in taking the names on the list and determining which ones to audit and which taxpayers not to audit. They do have procedures to follow to ascertain which

Public Accounts committee  I will start answering and will probably recommend that the agency continue with the answer. In this audit, we looked at how the agency managed the Liechtenstein list only. We did note that it was the first time that they had received such extensive information in this manner, b

Public Accounts committee  As we state, there was no definition for the timelines. There were no standards established for this project, so that's what we had indicated in paragraph 15. Then we indicated in paragraph 16 that, yes, having the standards would be important, so we encourage the agency to set—