Jay Aspin at the Public Accounts Committee

On February 26th, 2014. See this statement in context.

February 26th, 2014 / 3:55 p.m.

Conservative

Jay Aspin Conservative Nipissing—Timiskaming, ON

Thanks, Chair.

Welcome to our guests. Thanks for helping us understand the wonderful world of offshore banking.

You've indicated in your submission that, “To oversee the implementation of these new measures, the CRA has established the offshore compliance division, which is a dedicated team that will be composed of 70 CRA employees".

Have you in the last little while, when you've established these new programs and populate them with employees, ever done any cost-benefit analysis as to what it costs versus what they discover or bring in, in terms of revenue?

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