Evidence of meeting #223 for Finance in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was countries.

A video is available from Parliament.

On the agenda

MPs speaking

Also speaking

Yves Giroux  Parliamentary Budget Officer, Office of the Parliamentary Budget Officer
Govindadeva Bernier  Financial Advisor-Analyst, Office of the Parliamentary Budget Officer
Mark Mahabir  Director of Policy, Costing, Office of the Parliamentary Budget Officer

11:50 a.m.

Liberal

Francesco Sorbara Liberal Vaughan—Woodbridge, ON

Mr. Giroux, I know you used the word “Mafia”. I would like that term to be struck. I'd like to use the word “organized crime”, please.

11:50 a.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

Yves Giroux

Sure. You have my apologies.

11:50 a.m.

Liberal

Francesco Sorbara Liberal Vaughan—Woodbridge, ON

Thank you. Don't apologize. I just want to put that on the record to make sure, because there's one connotation with one and another connotation with another. As my brother is a first responder in the Vancouver Police Department who heads and battles that type of activity, it's personal—very much so.

To Mr. Julian's comment, on May 30, 2019, the CRA minister announced the updated results for CRA's audits in the real estate sector. Since 2015, CRA audits have identified over $1 billion in additional gross taxes related to the real estate sector. During the same period, auditors reviewed nearly 42,000 files in Ontario and B.C., resulting in over $100 million in assessed penalties.

Our government, over the last three and a half years, has invested wisely in the CRA after the prior government made a number of cuts to services across the board in the federal government. With that, we are producing results for the taxpayers of Canada.

Thank you.

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

I said we'd adjourn at 10 minutes to 12, and we're going to. We have to be up in the House. We cannot be late.

I want to thank—

11:50 a.m.

Conservative

Pierre Poilievre Conservative Carleton, ON

Mr. Chair, I have a point of order.

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

I said we'd adjourn at 10 minutes to 12, Pierre. I have to.

11:50 a.m.

Conservative

Pierre Poilievre Conservative Carleton, ON

Point of order.

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

You may have to challenge the chair on this, because I'm not accepting the point of order.

11:50 a.m.

Conservative

Pierre Poilievre Conservative Carleton, ON

Point of order, Mr. Chair.

11:50 a.m.

Some hon. members

[Inaudible—Editor]

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

We have to adjourn at 10 to 12.

11:50 a.m.

Some hon. members

[Inaudible—Editor]

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

I want to thank you for coming today, Mr. Giroux, and your people for doing the work they do.

11:50 a.m.

Conservative

Pierre Poilievre Conservative Carleton, ON

You guys are really disgusting—

11:50 a.m.

Liberal

The Chair Liberal Wayne Easter

The meeting is adjourned.