Mr. Speaker, our government takes aggressive international tax planning seriously and is committed to cracking down on those who attempt to cheat the system. That is why we have increased audit resources for our international audit program by roughly 40% and for the aggressive tax planning program by over 90%. This means that we have more experts examining suspicious transactions and focusing on the abusive use of tax havens.
Economic action plan 2013 proposes further measures to tackle this global issue by implementing new ways to collect the critical information that will further assist in uncovering undeclared income and hidden assets. All these measures combined would give our government an unprecedented ability to crack down on those who avoid paying their fair share while making it increasingly difficult to hide money offshore.