Mr. Speaker, our government has a very strong record dealing with tax evasion. Since 2006 the CRA has audited over 8,600 international tax cases, identifying over $5.6 billion in additional taxes that are being collected.
Regarding the HSBC accounts, where non-compliance was expected the CRA conducted hundreds of audits, which have led to over $21 million in taxes and penalties being reassessed. Furthermore, the CRA has received more than 250 voluntary disclosures. That is $123 million in previously undisclosed accounts.