Thank you, Mr. Chair.
Mr. Hamilton, in budgets 2016 and 2017, the federal government gave CRA an additional $1 billion. The expectations were that additional revenues of $5 billion would be generated over a period of five years.
After I was elected about three years ago, I was once in a discussion with one of the union officials. The numbers I heard were that for every $1 invested in an auditor, $4 to $8 of revenue is generated if the auditor deals with the average Canadian. If the same dollar is invested in an auditor who focuses on, say, offshore tax havens or transfer pricing, the revenue generated will be much more. It may be more than $20 for every dollar invested.
What numbers are we talking about here?