Mr. Speaker, our government has a strong record when it comes to fighting international tax fraud.
We are doing something about it, as I have just said. I will give the numbers again, because, frankly, they are quite impressive.
With respect to the HSBC accounts where non-compliance was expected, the CRA conducted hundreds of audits. That has led to over $21 million in taxes and penalties being reassessed. The CRA has received more than 250 voluntary disclosures about HSBC accounts. That is $123 million in previously undisclosed documents.