Thank you very much, Madam Chair.
Consistent with the Parliamentary Budget Officer’s legislated mandate, my office has prepared independent analysis of international taxation and the returns on tax compliance and enforcement spending.
In 2019, we published “Preliminary Findings on International Taxation”, which found that financial flows between Canada and certain jurisdictions are disproportionately large compared with their economies. Some of these jurisdictions have been recognized as tax havens.
In 2022, we published “International Comparison of the Canada Revenue Agency’s Performance”, which compares Canada’s tax administration performance with that of comparable countries on a set of indicators, including the cost of collection and the value of additional assessments.
We would be pleased to respond to any questions you may have regarding our taxation analysis or other Parliamentary Budget Officer work.
Thank you, Madam Chair.