Briefly, a voluntary disclosure program is a means for taxpayers to come forth and correct their tax affairs without being subject to the extra penalties associated with CRA finding them out and then assessing the amounts. From 2008-09 until today overall voluntary disclosures are up roughly 80%. However, international voluntary disclosures, that subset, is up 400%. At the same time there have been a number of tightening measures and increased emphasis in the offshore space and also we have taken greater efforts to communicate new measures such as the electronic funds transfer mechanism that's coming into force January 1, 2015, mentioning that to encourage and incite taxpayers to correct their tax affairs proactively before we come knocking on their door with an audit.
